Versions of s. 138(3)(a)(iii)(A)
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the amount, if any, by which the total of policy dividends (except the portion thereof paid out of segregated funds) that became payable by the insurer after its 1968 taxation year and before the end of the year under its participating life insurance policies exceeds the total of amounts deductible under this subparagraph in computing its incomes for taxation years before the year, and