
1 

(1) This Order may be cited as the Life Assurance (Apportionment of Receipts of Participating Funds) (Applicable Percentage) (Amendment) Order 1998 and shall come into force on 16th December 1998.
(2) This Order has effect in relation to any gross redemption yields referred to in article 3(a) of the principal Order which are compiled as mentioned in that article in respect of any day after 30th December 1998.
2 
In this Order “the principal Order” means the Life Assurance (Apportionment of Receipts of Participating Funds) (Applicable Percentage) Order 1990.
3 
In article 3(a) of the principal Order the words “with high coupons” shall be omitted.
Bob Ainsworth
Jim Dowd
Two of the Lords Commissioners of Her Majesty’s Treasury
24th November 1998