Paragraph 103
(1)
Section 544 (management assets) is amended as follows.
(2)
In subsections (1) and (2), for “life assurance business” substitute “ long-term business ”.
(3)
Omit subsection (3).
Section 544 (management assets) is amended as follows.
In subsections (1) and (2), for “life assurance business” substitute “ long-term business ”.
Omit subsection (3).