30(1)In section 757 of ICTA (disposals to which Chapter 5 of Part 17 of that Act applies), after subsection (1) insert—
“(1A)But this Chapter does not apply to disposals of assets of an insurance company’s long-term insurance fund.”
(2)The amendment made by sub-paragraph (1) has effect in relation to disposals made in accounting periods beginning on or after 1 January 2008.