(a)at or about the time when a higher
rate contract is effected, and
(b)in connection with that contract,
a fee in respect of an insurance-related service is charged
by a taxable intermediary to a person who is or becomes the insured
(or one of the insured) under the contract or to a person who acts
for or on behalf of such a person.
52A(2) Where this section applies–
(a)a payment in respect of the fee
shall be treated for the purposes of this Part as a premium received
under a taxable insurance contract by an insurer, and
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