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142(1)Amend section 444AZA (transfers of life assurance business: Case VI losses of the transferor) as follows.
(2)In subsection (1)(c) for “in accordance with Case I of Schedule D” substitute “under section 35 of CTA 2009 (charge on trade profits)”.
(3)In subsection (2)—
(a)for ““Case VI loss”” substitute ““qualifying loss of the transferor””, and
(b)omit “(a “Case I loss”)”.
(4)In subsection (4) for “Case VI loss” substitute “qualifying loss of the transferor”.
(5)In the title for “Case VI” substitute “gross roll-up business”.