SCHEDULES

SCHEDULE 9Insurance companies: transfers etc

Commencement

17

1

The amendments made by paragraphs 1 to 3 and 13 to 15 have effect in relation to periods of account beginning on or after 1st January 2007.

2

The amendments made by paragraphs 4, 6 to F310(5), 11 and 12 have effect in accordance with provision made by an order made by the Treasury.

3

But the amendments made by paragraphs 11 and 12 also have effect

F4a

in relation to periods of account beginning on or after 1st January 2007 where the transfer of business or demutualisation concerned took place before 21st March 2007 F5and

b

in relation to periods of account ending after 30 June 2008 where the transfer of business or demutualisation concerned took place on or after 21 March 2007 and before 1 July 2008.

4

The amendment made by paragraph 5 has effect in relation to transfers of business with a transfer date after 21st March 2007.

F14A

The amendment made by paragraph 9 has effect in relation to contracts entered into in a period of account beginning on or after 1 January 2008.

5

The amendment made by paragraph 10(2) has effect in relation to transfers taking place on or after 6th December 2006.

F26

The amendments made by paragraph 10(3) and (4) have effect in relation to assets transferred on or after 1 January 2008.