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Regulation 2 Overview

Original text. Later amendments are not shown.

In these Regulations—

(a)

regulations 3 to 6 make provision in relation to determining the amount of the particular items that when taken together result in the total transitional difference;

(b)

regulation 7 specifies particular items that are excluded items;

(c)

subject to regulation 15, regulations 8 to 14 make provision to apportion particular items that are relevant computational items between the specified businesses;

(d)

regulation 15 makes provision in relation to items apportioned to basic life assurance and general annuity business where section 67 of the Finance Act 2012 (exception where BLAGAB small part of long-term business) applies;

(e)

regulation 16 amends paragraph 20 of Schedule 17.