This is the original version (as it was originally made).
22. In section 560(5)(e) (transfer of insurance company business) of the Capital Allowances Act 2001(1), for “Article 14 of the Council Directive of 5 November 2002 concerning life assurance (2002/83/EC)” substitute “Article 39 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)”.
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