# Finance Act 2012, Paragraph 169


(1) Section 635 (creditor relationships of insurance companies: embedded derivatives which are options) is amended as follows.
(2) In subsection (1)(a), for “life assurance business” substitute “ basic life assurance and general annuity business ”.
(3) In subsection (2), for “This Part” substitute “ For the purpose of applying the I - E rules, this Part ”.

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Source: https://www.legislation.gov.uk/ukpga/2012/14/schedule/16/paragraph/169 (the official version)
Page: https://openlegislation.uk/finance-act-2012/schedule-16/paragraph-169
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.