This section has no associated Explanatory Notes
78U.K.In section 185 (deemed disposal of assets on company ceasing to be UK resident), after subsection (4) insert—
“(4A)Subsection (4) applies to an overseas life insurance company in the case of its long-term business with—
(a)the omission from paragraph (a) of the words “are situated in the United Kingdom and”; and
(b)the omission from paragraph (b) of the words “are so situated and”.”