73 Interpretation: other provisions.U.K.
(1)Unless the context otherwise requires—
“accounting period” shall be construed in accordance with section 54 above;
“appeal tribunal” means a VAT and duties tribunal;
“authorised person” means any person acting under the authority of the Commissioners;
“the Commissioners” means the Commissioners of Customs and Excise;
“conduct” includes any act, omission or statement;
[F1“the higher rate” shall be construed in accordance with section 51 above;]
[F2“insurance business” means a business which consists of or includes the provision of insurance;]
“insurer” means a person or body of persons (whether incorporated or not) carrying on insurance business;
“
” means this Part (as defined by subsection (9) below), any other enactment (whenever passed) relating to insurance premium tax, and any subordinate legislation made under any such enactment;“prescribed” means prescribed by an order or regulations under this Part;
[F1“the standard rate” shall be construed in accordance with section 51 above;]
“tax” means insurance premium tax;
“tax representative” shall be construed in accordance with section 57 above;
“taxable business” means a business which consists of or includes the provision of insurance under taxable insurance contracts;
“taxable insurance contract” shall be construed in accordance with section 70 above.
[F3“taxable intermediary” shall be construed in accordance with section 52A above;]
[F3“taxable intermediary’s fees” has the meaning given by section 53AA(9) above.]
(2)A risk is situated in the United Kingdom if, by virtue of section 96A(3) of the M1Insurance Companies Act 1982, it is situated in the United Kingdom for the purposes of that Act.
(3)[F4Subject to subsection (3A) below,] a registrable person is a person who—
(a)is registered under section 53 above, or
(b)is liable to be registered under that section.
[F5(3A)References in sections 53A and 54 above and paragraphs 1, 9 and 12 of Schedule 7 to this Act to a registrable person include a reference to a person who—
(a)is registered under section 53AA above; or
(b)is liable to be registered under that section.]
(4)A commercial ship is a ship which is—
(a)of a gross tonnage of 15 tons or more, and
(b)not designed or adapted for use for recreation or pleasure.
(5)A commercial aircraft is an aircraft which is—
(a)of a weight of 8,000 kilogrammes or more, and
(b)not designed or adapted for use for recreation or pleasure.
(6)A lifeboat is a vessel used or to be used solely for rescue or assistance at sea; and lifeboat equipment is anything used or to be used solely in connection with a lifeboat.
(7)Foreign or international railway rolling stock is railway rolling stock used principally for journeys taking place wholly or partly outside the United Kingdom.
(8)Goods in foreign or international transit are goods in transit where their carriage—
(a)begins and ends outside the United Kingdom,
(b)begins outside but ends in the United Kingdom, or
(c)ends outside but begins in the United Kingdom.
(9)A reference to this Part includes a reference to any order or regulations made under it and a reference to a provision of this Part includes a reference to any order or regulations made under the provision, unless otherwise required by the context or any order or regulations.
(10)This section has effect for the purposes of this Part.
Textual Amendments
F1Definitions in s. 73(1) inserted (19.3.1997 with effect as mentioned in s. 24 of the amending Act) by 1997 c. 16, s. 21(2)
F2Definition in s. 73(1) inserted (1.5.1995) by 1995 c. 4, s. 34, Sch. 5 para. 6
F3Definitions in s. 73(1) inserted (19.3.1997) by 1997 c. 16, s. 27(9)
F4Words in s. 73(3) inserted (19.3.1997) by 1997 c. 16, s. 27(10)
F5S. 73(3A) inserted (19.3.1997) by 1997 c. 16, s. 27(10)
Marginal Citations