(Except clauses 11, 18, 40, 43, 44 and 69 and schedule 8)
Finance Bill
Amendment moved [this day]: No. 110, in schedule 9, page 135, line 21, at end insert—
'Taxation of structural investments of long-term funds of insurance companies
8 (1) After section 83(2) of the Finance Act 1989 insert—
''(2AA) But subsection (2A) does not require to be taken into account as receipts of a period of account any increase or decrease in value of subsidiary undertakings, nor shall any distribution from a subsidiary undertaking, resident in the United Kingdom, be taken into account in subsection (2A).''.'.—[Mr. Mark Field.]