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Modification of section 65 of the Finance (No. 2) Act 1992

13.—(1) Section 65 of the Finance (No. 2) Act 1992(1) shall be modified as follows.

(2) In subsection (3)(b) there shall be added at the end the words “and capital redemption business”.

(1)

1992 c. 48. Section 65 was amended by paragraph 9 of Schedule 14 to the Finance Act 1993, paragraphs 16(6) and 20(2) of Schedule 8 to the Finance Act 1995, Part V(3) of Schedule 41 to the Finance Act 1996, and paragraph 15 of Schedule 3 to the Finance (No. 2) Act 1997 (c. 58).