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RM 29: Limits on refunds when person no longer PCA person
or “Refund limits for former policyholder credit account holders no longer apply”

You could also call this:

“Removed rules about changes in policyholder credit account balances”

This part of the law used to be about changes in credit balances for people who have policyholder credit accounts. However, it’s no longer in effect. The government removed this section on 30 March 2017. If you want to know more about why this change happened, you can look at section 285(2) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017.

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Next up: RM 31: Treatment of amounts not refunded

or “This provision about unrefunded amounts for policyholder credit accounts no longer applies”

Part R General collection rules
Refunds: Persons with policyholder credit accounts

RM 30Changes in credit balances (Repealed)

    Notes
    • Section RM 30: repealed, on , by section 285(2) of the Taxation (Annual Rates for 2016–17, Closely Held Companies, and Remedial Matters) Act 2017 (2017 No 14).