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OP 73: Consolidated FDPA debit for loss of shareholder continuity
or “Outdated rule about changes in company ownership affecting foreign dividend payments”
You could also call this:

“Removed rule about tax credits for insurance companies in group tax arrangements”

This part of the law has been removed. It used to talk about something called a ‘Consolidated FDPA debit for policyholder base FDP credits’. This was part of the rules about ‘FDP debits of consolidated FDP groups’ in the Income Tax Act 2007. The government took this rule out of the law on 1 April 2017. If you need to know more about this topic, you might want to look at other parts of the Income Tax Act 2007 that are still in use.

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Next up: OP 75: Consolidated FDPA breach of FDP ratio by PCA company

or “Outdated rule for group companies breaking foreign dividend payment rules”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: FDP debits of consolidated FDP groups

OP 74Consolidated FDPA debit for policyholder base FDP credits (Repealed)

    Notes
    • Section OP 74: repealed, on , by section 241(1) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).