136 Meaning of “BLAGAB trade profit” and “BLAGAB trade loss”
Finance Act 2012 (2012 c 14) | Legislation

Chapter 11
Definitions

136  Meaning of “BLAGAB trade profit” and “BLAGAB trade loss”

(1)     In relation to the carrying on by an insurance company of basic life assurance and general annuity business, this section explains for the purposes of this Part what is meant by—

(a)     the “BLAGAB trade profit” of the company, and

(b)     the “BLAGAB trade loss” of the company.

(2)     The company has

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