SolvedCrossheading Part surrenders and assignments: periodic calculations and excess events
From legislation.gov.uk
Contents
- Section 498 Requirement for periodic calculations in part surrender or assignment cases
- Section 499 Meaning of “insurance year” and “final insurance year”
- Section 500 Events treated as part surrenders
- Section 501 Part surrenders: loans
- Section 502 Exception from section 501 for loans to buy life annuities
- Section 503 Exception from section 501 for certain loans under qualifying policies
- Section 504 Part surrenders: payments under guaranteed income bonds etc.
- Section 505 Assignments etc. involving co-ownership
- Section 506 Assignments occurring when there is a co-ownership transaction
- Section 507 Method for making periodic calculations under section 498
- Section 507A Recalculating gains under section 507
- Section 508 The value of rights partially surrendered or assigned
- Section 509 Chargeable events in certain cases where periodic calculations show gains