OpenLegislation

Paragraph 49 ITTOIA 2005

United Kingdom

In section 539 (gains from life insurance contracts: relief for deficiencies), in subsection (8)—

(a)

after the entry relating to the default higher and default basic rate insert—

“

the property higher ratethe property basic rate

”, and

(b)

at the end insert—

“

the Welsh property higher ratethe Welsh property basic rate

”.