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OJ 15: PCA person’s credit for transfer of life insurance business
or “Credit for transferring life insurance business no longer applies”
You could also call this:

“This section about how insurance companies paid tax on policyholder income was removed in 2010”

This part of the law used to talk about how a PCA person pays tax related to their policyholder base. However, this section no longer applies. It was removed from the law on 1 July 2010. If you need to know about how PCA persons pay tax now, you should look at other parts of the current tax laws.

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Next up: OJ 17: PCA person’s equivalent debit

or “Outdated tax rule about policyholder debits no longer applies”
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Part O Memorandum accounts
Policyholder credit accounts (PCA): Policyholder debits of PCA person

OJ 16PCA person’s payment of tax relating to policyholder base (Repealed)

    Notes
    • Section OJ 16: repealed, on , by section 439(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).