SCHEDULES

SCHEDULE 39Time limits for assessments, claims etc.

Consequential amendments

I163

In section 178(3) of FA 1993 (stop-loss and quota share insurance)—

a

in paragraph (a), for “six years” substitute “ 4 years ”, and

b

in paragraph (b), for “fraudulent or negligent conduct” substitute “ loss of tax brought about carelessly or deliberately ”.