Where a qualifying policy is significantly varied, the policy must be tested again to see whether it remains qualifying.
The rules that must be applied on a significant variation are a
modified version of the rules that apply where a qualifying policy
is substituted for another policy, as described at
The modifications are merely to ensure that the rules make sense when applied to a varied policy rather than a substitution and the tests are effectively the same.
The modifications necessary are given in ICTA88/SCH15/PARA18. They are that
IPTM8170 explains how the rules described in IPTM8120 to IPTM8130 apply in practice when there has been a significant variation of a qualifying policy.
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