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OA 12: CTR account on resident’s restricted amalgamation
or “Former rules for CTR accounts during company mergers”
You could also call this:

“This rule about combining policyholder credit accounts when companies merge was removed in 2017”

This section of the law used to talk about what happens to a policyholder credit account when companies join together in a special way called a resident’s restricted amalgamation. However, this part of the law was removed on 30 March 2017. It no longer applies, so there are no rules to explain about it now.

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Next up: OA 14: Continuity of shareholding when group companies amalgamate

or “Rules for keeping track of ownership when companies in a group join together”
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Part O Memorandum accounts
General provisions: When companies amalgamate

OA 13Policyholder credit account on resident’s restricted amalgamation (Repealed)

    Notes
    • Section OA 13: repealed, on , by section 183 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).