SolvedSchedule 9 | Insurance companies etc
From legislation.gov.uk
Expenses of insurance companies
(1)RepealedF1
Interpretative provisions relating to insurance companies
(2)RepealedF1
Amendment of Chapter 1 of Part 12 of ICTA etc
(3)RepealedF1
Apportionment of income and gains
(4)RepealedF2
Section 432B apportionment: participating funds
(5)RepealedF3
Transfers of business: deemed periodical return
(6)RepealedF4
Transfers of business: modification of section 444AC of ICTA
(7)RepealedF5
Transfers of business: transferor shares are assets of transferee's long-term insurance fund etc
(8)RepealedF6
Equalisation reserves for general business
(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.
Unappropriated surplus on valuation
(10)RepealedF7
Relevant financial reinsurance contracts
(11)RepealedF8
Receipts to be taken into account
(12)RepealedF9
Meaning of “brought into account”
(13)RepealedF9
Changes in recognised accounts: attribution of amounts carried forward under s.432F of ICTA
(14)RepealedF9
Charge of certain receipts of basic life assurance business
(15)RepealedF9
Corporation tax: policy holders' fraction of profits
(16)RepealedF10
Overseas life insurance companies
(17)RepealedF11
Meaning of “pension business”
(18)RepealedF12
Miscellaneous references to “class” of business
(1)RepealedF13
(2)RepealedF13
(3)RepealedF13
(4)RepealedF14
(5)The amendments made by this paragraph have effect in relation to periods of account beginning on or after 1st January 2005.
Transfers of business: references to accounting period ending with day of transfer
(1)Section 12 of ICTA (corporation tax: basis of, and periods for, assessment) is amended as follows.
(2)RepealedF15
(3)RepealedF16
(4)RepealedF16
(5)RepealedF16
(6)RepealedF17
(7)The amendments made by sub-paragraphs (2) to (5) have effect in relation to insurance business transfer schemes taking place on or after 16th March 2005.
(8)The amendment made by sub-paragraph (6) has effect where the accounting period for which the net amount represents an excess of losses over gains is an accounting period beginning on or after 1st January 2003.