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← Finance Act 2012

Finance Act 2012 s 63

Finance Act 2012 s 63

s 63 Meaning of “long-term business” and “PHI business”

(1) For the purposes of this Part “ long-term business ” means— (a) life assurance business, or (b) other business which consists of the effecting or carrying out of contracts of long-term insurance. (2) For the purposes of this Part “ PHI business ” means the other business mentioned in subsection (1)(b).

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