132 Anti-avoidance
Finance Act 2012 (2012 c 14) | Legislation

Transfers of long-term business: anti-avoidance

132 Ìý´¡²Ô³Ù¾±-²¹±¹´Ç¾±»å²¹²Ô³¦±ð

(1)     This section applies if—

(a)     under an insurance business transfer scheme, there is a transfer on or after 1 January 2013 from one insurance company to another of basic life assurance and general annuity business (or any part of that business) or non-BLAGAB long-term business (or any part of that business), and

(b)     the main purpose, or one of the main purposes,

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