Amendment of regulation 12 of the principal Regulations
This section has no associated Explanatory Memorandum
6. Regulation 12 of the principal Regulations (requirements to be met by receiving schemes, annuities and arrangements)(1) is amended as follows—
(a)in paragraph (2)(a), for “a policy of insurance” substitute “an insurance policy”; and
(b)in paragraph (5)(c), for “or” substitute “,”.