SCHEDULES

SCHEDULE 4U.K. Tax credits, taxation of distributions etc

Modifications etc. (not altering text)

C1Sch. 4 applied (with modifications) ( temp. from 6.4.1999 to 6.4.2004) by S.I. 1998/1871, reg. 4

Part II U.K. Insurance companies and Lloyd’s underwriters

U.K.The Taxes Act 1988

Schedule 19ACU.K.

29(1)Schedule 19AC to the Taxes Act 1988 (overseas life insurance companies) shall be amended as follows.U.K.

(2)In paragraph 9(1) (which notionally inserts subsections (1C) to (1E) into section 434 of the Taxes Act 1988) in the notionally inserted subsection (1D), the words from “but this subsection” onwards shall cease to have effect.

(3)Paragraph 11A(2) (which modifies section 441A(2) and (3) of the Taxes Act 1988) shall cease to have effect.

(4)This paragraph has effect in relation to distributions made on or after 6th April 1999.