SCHEDULES

SCHEDULE 7Insurance companies etc

Meaning of “referable”

9

F11

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F22

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3

In the following provisions of the Taxation of Chargeable Gains Act 1992 (c. 12)—

a

the definitions of “BLAGAB allowable losses” and “BLAGAB chargeable gains” in section 210A(13) (ring-fencing of losses),

b

section 211ZA(10) (transfers of business: transfer of unused losses), and

c

section 213(1A)(a) (spreading of gains and losses under section 212), after “referable” insert “ (in accordance with section 432A of the Taxes Act) ”.