Paragraph 55
In section 535(3) (gains from contracts for life insurance etc: top slicing relief)—
(a)
for “SRL” in both places substitute “ BRL ”, and
(b)
for “savings rate” substitute “ basic rate ”.
In section 535(3) (gains from contracts for life insurance etc: top slicing relief)—
for “SRL” in both places substitute “ BRL ”, and
for “savings rate” substitute “ basic rate ”.