SCHEDULEConsequential Amendments of Enactments

Finance Act 201216

1

Section 139 (minor definitions) of the Finance Act 201222 is amended as follows.

2

In subsection (1)—

a

in the definition of “liabilities”—

i

in paragraph (a), for “Insurance Prudential Sourcebook” substitute “INSPRU”, and

ii

in paragraph (b), for “General Prudential Sourcebook” substitute “GENPRU”, and

b

in the definition of “with-profits fund”, for “Prudential Sourcebook (Insurers)” substitute “IPRU (INS)”.

3

In subsection (4)—

a

at the end of the definition of “deposit back arrangements” insert—

  • “GENPRU” means the General Prudential Sourcebook made by the Prudential Regulation Authority under FISMA 2000,

  • “INSPRU” means the Prudential Sourcebook for Insurers made by the Prudential Regulation Authority under FISMA 2000, and

  • “IPRU (INS)” means the Interim Prudential Sourcebook for Insurers made by the Prudential Regulation Authority under FISMA 2000.

b

omit the definitions of “the Insurance Prudential Sourcebook”, “the General Prudential Sourcebook” (and the “and” following it) and “the Prudential Sourcebook (Insurers)”.