Memorandum accounts - Policyholder credit accounts (PCA) - Policyholder debits of PCA person
OJ 18: PCA person’s debit for transfer of life insurance business
You could also call this:
“Debit for transferring life insurance business (no longer applies)”
This part of the law used to talk about something called a “PCA person’s debit for transfer of life insurance business”. However, it’s no longer in use. The government removed this section from the law on 1 July 2010. If you want to know more about life insurance and taxes, you might need to look at other parts of the law that are still active.
