Related Commentary  

6(1)  Modify section 431 (interpretative provisions relating to insurance companies) as follows.

6(1ZA)  Modify subsection (2) in accordance with paragraphs (1A) to (5).

6(1A)  In the definition of “foreign business assets” omit–


(b)or” at the end of paragraph (a), and

(c)paragraph (b).

6(2)  In the definition of “insurance company”–

(a)in paragraph (a), after “contracts of insurance” insert “(a “UK-authorised firm”)”, and

(b)in paragraph (b)–

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.