SCHEDULES
SCHEDULE 4Tax credits, taxation of distributions etc
Part IIInsurance companies and Lloyd’s underwriters
The Taxes Act 1988
Section 434
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1
In section 434 of the Taxes Act 1988 (franked investment income etc) in subsection (1A) (which modifies paragraph 2 of Schedule F) the words from “but this subsection” onwards shall cease to have effect.
2
This paragraph has effect in relation to distributions made on or after 6th April 1999.