SCHEDULES

SCHEDULE 16Part 2: minor and consequential amendments

PART 3Amendments of other Acts

Corporation Tax Act 2009

201

1

Section 1164 (entitlement to tax credit) is amended as follows.

2

In subsections (1) and (2)—

a

for “a life assurance company tax credit” substitute “ a BLAGAB tax credit ”, and

b

for “qualifying life assurance business loss” substitute “ qualifying BLAGAB loss ”.

3

In subsections (3) and (4), for “a life assurance company tax credit” substitute “ a BLAGAB tax credit ”.