PART 3AMENDMENTS TO SECONDARY LEGISLATION

The Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1997 (S.I.1997/473)

Miscellaneous amendments165.

(1)

In the following regulations for “long term business fund” substitute “long-term insurance fund”—

(a)

regulation 13(5) (in the added subsection (11));

(b)

regulation 34(2) (in the inserted subsection (2A));

(c)

regulation 45(3) (in the added subsection (9)).

(2)

In the following places for “long term” substitute “long-term”—

(a)

in the heading to regulation 3 and in paragraph (1) of that regulation;

(b)

regulation 6(4) (twice);

(c)

regulation 13(5) (in the added subsections (11)(a) and (b) and (12)(a)(twice) and (b));

(d)

regulation 22(1)(b);

(e)

regulation 36(2) (in the substituted subsection (2)(a) and (b)).