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OC 20: Debit for policyholder base FDP credits
or “Removal of rule about debit for policyholder base FDP credits”

You could also call this:

“Removed law about transferring money between company accounts”

This law was about moving money between different types of company accounts. It was called ‘FDPA transfer to group account’. However, this law no longer exists. It was removed on 1 April 2017. This means you can’t use it anymore. If you need to know about moving money between company accounts, you should look at other, newer laws.

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Next up: OC 22: FDPA breach of FDP ratio

or “This provision about foreign dividend payment rules no longer exists”

Part O Memorandum accounts
Foreign dividend payment accounts (FDPA)

OC 21FDPA transfer to group account (Repealed)

    Notes
    • Section OC 21: repealed, on , by section 216 of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).