Article 60 Miscellaneous amendmentsI1

United Kingdom

(1)

In the following places for “long term business” substitute “long-term insurance”—

(a)

section 83(2)(a), (3) and (8) (in the definition of “add”);

(b)

the sidenote to section 83AA and subsections (2) (in the definition of “relevant amount”), (3) and (4) of that section^f1;

(c)

section 83AB(1) and (3);

F1(d)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(2)

In the following provisions for “long term” substitute “long-term”—

(a)

section 83A(2)(a);

F2(b)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

In section 89(5)(a) for “business” substitute “insurance”.

Annotations

F1: Art. 60(1)(d) revoked (31.12.2006 with effect in accordance with reg. 1 of the amending S.I.) by The Overseas Life Insurance Companies Regulations 2006 (S.I. 2006/3271), regs. 1, 43(2), Sch. Pt. 2 (with reg. 1)
F2: Art. 60(2)(b) revoked (31.12.2006 with effect in accordance with reg. 1 of the amending S.I.) by The Overseas Life Insurance Companies Regulations 2006 (S.I. 2006/3271), regs. 1, 43(2), Sch. Pt. 2 (with reg. 1)

f1: Section 83AA was inserted, together with section 83AB, by paragraph 5 of Schedule 31 to the Finance Act 1996.