103 Rules for determining policyholders' share of I-E profit
Finance Act 2012 (2012 c 14) | Legislation

103  Rules for determining policyholders' share of I-E profit

(1)     This section determines for the purposes of section 102 the policyholders' share of the I-E profit of an insurance company for an accounting period.

(2)     If the basic life assurance and general annuity business of the company carried on by the company in the accounting period is mutual business,

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