Income Tax (Trading and Other Income) Act 2005 section 91

Gains from contracts for life insurance etc: assessment of trustees etc

Section 91 of Schedule 2 dealt with transitional provisions relating to the assessment of trustees on gains from life insurance contracts, but has been repealed.

• This paragraph of Schedule 2 originally contained transitional provisions for assessing trustees on chargeable event gains from life insurance contracts.
• The entire content of paragraph 91 has been repealed and is no longer in force.
• The repeal was effected by the Taxation (International and Other Provisions) Act 2010.
• Any matters previously covered by this paragraph are now addressed elsewhere in tax legislation following the 2010 consolidation.