Related Commentary  

476(1)  In the application of this Chapter to foreign policies of life insurance and foreign capital redemption policies, certain special rules apply.

476(2)  See, in particular–

section 474(3) to (5) (certain foreign policies treated as not being qualifying policies), and

sections 531 to 534 (under which foreign policies are excepted from section 530 (income tax treated as paid etc.) subject to certain reliefs).

476(3)  In this Chapter–

foreign policy of life insurance”  means–

(a)a policy of life insurance issued by a non-UK resident company, and

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