361(1)Amend Schedule 20A (Lloyd's underwriters: conversion to limited liability underwriting) as follows.U.K.
(2)In paragraph 2—
(a)in sub-paragraph (2) for “The carry-forward provision” substitute “ Section 83 of ITA 2007 ”, and
(b)omit sub-paragraphs (3) and (4).
(3)In paragraph 5(1), in the definition of “ordinary share capital”, for “section 832(1) of the Taxes Act 1988” substitute “ section 989 of ITA 2007 ”.
(4)In paragraph 7(2) for “Section 385 of the Taxes Act 1988” substitute “ Section 83 of ITA 2007 ”.