Paragraph 13

United Kingdom

In section 12—

(a)

in subsection (1)—

(i)

the words “Subject to subsection (1A) below,” shall be omitted, and

(ii)

for “is a qualifying policy” there shall be substituted “ was a United Kingdom policy at the beginning of the liquidation ”, and

(b)

subsection (1A) shall be omitted.

Notes on the whole Act