This section has no associated Explanatory Notes
167(1)Section 591 (conditions A to E mentioned in section 589(5)) is amended as follows.U.K.
(2)In subsection (2)(a), for “life assurance business” substitute “ long-term business ”.
(3)In subsection (2)(b), after “Sourcebook” insert “ (within the meaning given by section 139(4) of FA 2012) ”.