Finance Act 2012 (c. 14)

SCHEDULES

SCHEDULE 16 Part 2: minor and consequential amendments

PART 3 Amendments of other Acts

Capital Allowances Act 2001

107 (1) Part 2 of Schedule 1 (index of defined expressions) is amended as follows.

(2) Omit the entry for “life assurance business”.

(3) Insert the following entries at the appropriate places—

“basic life assurance and general annuity business

sections 57 and 67(5) of FA 2012 (as applied by section 141(2) of that Act)”

“I - E rules

section 70(1) and (2) of FA 2012 (as applied by section 141(2) of that Act)”

“insurance company

section 65 of FA 2012 (as applied by section 141(2) of that Act)”

“long-term business

section 63(1) of FA 2012 (as applied by section 141(2) of that Act)”

“non-BLAGAB long-term business

sections 66 and 67 of FA 2012 (as applied by section 141(2) of that Act)”