SCHEDULES

SCHEDULE 10Insurance companies: miscellaneous

Tidying up of TCGA 1992

5

1

TCGA 1992 is amended as follows.

2

In section 210B(6)(a) (disposal and acquisition of section 440A securities), for the words after “are” substitute “ assets within section 212(1). ”

3

Omit—

a

section 212(2A) (disapplication of section 212(1) to assets treated as representing rights under a creditor relationship),

b

section 214 (rights under authorised unit trusts etc: transitional provisions), and

c

section 214A (further transitional provisions).