Section 100 Income from investments attributable to BLAGAB, etc.

United Kingdom

F1(1)

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(2)

In section 475 of that Act (tax-free Treasury securities: exclusion of interest on borrowed money), in subsection (6)—

(a)

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(b)

for the words “of the life assurance fund”, in each place where they occur, there shall be substituted the words “ attributable to basic life assurance and general annuity business ”.

(3)

This section shall apply in relation to accounting periods beginning after 31st December 1992.

Annotations

Textual amendments

F1: S. 100(1)(2)(a) repealed (1.5.1995 with effect in accordance with Sch. 8 para. 57 of the repealing Act) by 1995 c. 4, s. 162, Sch. 29 Pt. VIII(5), Note 2