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Paragraph 9

(1)

Section 444BA of ICTA is amended as follows.

(2)

In subsection (11) (meaning of “equalisation reserves rules”) for “Chapter 6 of the Prudential Sourcebook (Insurers)” substitute “ chapter 7.5 of the Integrated Prudential Sourcebook ”.

(3)

The amendment made by this paragraph has effect in relation to periods of account ending on or after 31st December 2004.