Finance Act 1995

7 (1) In Schedule 7 (information, powers, etc.) paragraphs 2(1) to (3) and 3(1) to (3) (duty to furnish information and produce documents) shall be amended as follows—

(a) for the words “a taxable business” (in each place where they occur) there shall be substituted “an insurance business”;

(b) for the words “taxable insurance contracts” (in each place where they occur) there shall be substituted “contracts of insurance”;

(c) for the words “taxable insurance contract” (in each place where they occur) there shall be substituted “contract of insurance.”.

(2) This paragraph shall apply in relation to contracts whether entered into before or after the passing of this Act.