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EY 43: Policyholder income formula
or “Policyholder income formula no longer used since 1 July 2010”
You could also call this:

“Outdated rule about policyholder income and FDR adjustments no longer applies”

You don’t need to worry about this part of the law anymore. It used to be about something called ‘Policyholder income formula: FDR adjustment’, but it was removed on 1 July 2010. This means it’s no longer part of the current rules. If you’re interested in learning about policyholder income or FDR adjustments, you might want to look at other parts of the Income Tax Act 2007 that are still in effect.

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Next up: EY 43C: Policyholder income formula: PILF adjustment

or “This rule about calculating policyholder income was removed from the law in 2010”
Next

Part E Timing and quantifying rules
Life insurance rules: Transitional adjustments and annuities

EY 43BPolicyholder income formula: FDR adjustment (Repealed)

    Notes
    • Section EY 43B: repealed, on , by section 190(1) of the Taxation (International Taxation, Life Insurance, and Remedial Matters) Act 2009 (2009 No 34).