# The Insurance Companies (Corporation Tax Acts) (Amendment) Order 2005, Article 7: Amendment of Chapter 1 of Part 12 of the Income and Corporation Taxes Act 1988


(1) Amend paragraph 4 of Schedule 19AA (overseas life assurance fund) as follows.
(2) In sub-paragraph (1), in the definition of “B”, “investment reserve” substitute “free assets amount”.
(3) In sub-paragraph (2) for “investment reserve” substitute “free assets amount”.
(4) In sub-paragraph (5) for ““investment reserve”” substitute ““free assets amount””.

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Source: https://www.legislation.gov.uk/uksi/2005/3465/article/7 (the official version)
Page: https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-order-2005/article-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.