Finance Act, 1972
|
Amendment of section 19 of Finance Act, 1950. |
35.—(1) Section 19 (1) of the Finance Act, 1950 , is hereby amended by the insertion after “policies of insurance” of “or a business of granting life annuities”. | |
(2) This section shall come into operation on the 1st day of August, 1972, or the date of the passing of this Act, whichever is the later. |