Modification of paragraph 19 of Schedule 12 to the Finance Act 199716.
(1)
Paragraph 19 of Schedule 12 to the Finance Act 199715 shall be modified as follows.
(2)
After sub-paragraph (4) there shall be added the following sub-paragraph–
“(5)
In this paragraph “life assurance business” has the same meaning as in Chapter I of Part XII of the Taxes Act 1988.”