SCHEDULES

SCHEDULE 9Insurance companies etc

Equalisation reserves for general business

9

1

Section 444BA of ICTA is amended as follows.

2

In subsection (11) (meaning of “equalisation reserves rules”) for “Chapter 6 of the Prudential Sourcebook (Insurers)” substitute “ chapter 7.5 of the Integrated Prudential Sourcebook ”.

3

The amendment made by this paragraph has effect in relation to periods of account ending on or after 31st December 2004.