Amendment of regulation 4031
1
Regulation 40 is amended as follows.
2
In paragraph (2), for “before “basic life assurance”” substitute “, (2)(a), (7) and (10)23 before “basic life assurance”, wherever those words occur,”.
3
After paragraph (2) insert—
2A
In paragraph 3A(5)24 before “PHI” insert “taxable” after “(6B)” insert “, (6C), (6D)”.
4
Omit paragraph (3).