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OP 108B: Consolidated BETA group with credit balance at beginning of first affected income year
or “Removed rule about business groups with extra money at tax year start”
You could also call this:

“Removed rules for combined company groups' policyholder accounts”

This part of the law is about policyholder credit accounts for groups of companies that work together. However, this section has been removed from the law. It is no longer in effect as of 1 July 2010. This means that the rules about policyholder credit accounts for these company groups have changed, and you need to look at other parts of the law to find the current rules.

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Next up: OP 110: Consolidated PCA transfer from imputation credit account

or “Transfer rule from imputation credit account to consolidated policyholder credit account no longer applies”
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Part O Memorandum accounts
Memorandum accounts of consolidated groups: Introductory provision

OP 109Policyholder credit accounts of consolidated groups (Repealed)

    Notes
    • Section OP 109: repealed, on , by section 483(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).