Related Commentary  Related HMRC Manuals

179A(1)  This section applies where a member ceases to carry on his underwriting business by reason of death.

179A(2)  For the purposes of assessing the profits of the member's underwriting business, the member shall be treated as having died at the end of the year of assessment which corresponds to the underwriting year immediately preceding that in which he actually died.

179A(3)  For the purposes of the Income Tax Acts–

(a)the carrying on of the member's underwriting business by his personal representatives shall not be treated as a change in the persons engaged in the carrying on of that business; and

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