Modification of section 214(1) of the 1992 Act
This section has no associated Explanatory Memorandum
39.—(1) Paragraph (2) prescribes a modification of section 214(1) of the 1992 Act so far as it applies to the life or endowment business carried on by friendly societies.
(2) In paragraph (c) before “basic life assurance” insert “taxable”.