In this Part the following expressions are defined or otherwise explained by the provisions indicated—
| Expression | Where explained |
|---|---|
| basic life assurance and general annuity business (abbreviated to “BLAGAB”) | sections 57, 67(5) and 172(2) |
| BLAGAB or eligible PHI business | section 154 |
| contract of insurance | sections 64 and 172(2) |
| exempt BLAGAB or eligible PHI business | section 155 |
| friendly society | section 172(1) |
| HMRC Commissioners | sections 139(1) and 172(2) |
| incorporated friendly society | section 172(1) |
| insurance business transfer scheme | sections 139(1) and 172(2) |
| insurance company | sections 65 and 172(2) |
| life assurance business | sections 56 and 172(2) |
| long-term business | sections 63(1) and 172(2) |
| old society | section 161(2) |
| PHI business | sections 63(2) and 172(2) |
| policy | section 172(1) |
| registered | section 172(5) and (6) |
| registered branch | section 172(1) |
| registered friendly society | section 172(1) and (3) |
| relevant other business | section 166 |
| re-insurance | sections 139(1) and 172(2) |
Modifications etc. (not altering text)
C1S. 174 modified (31.12.2012) by The Friendly Societies (Modifications of the Tax Acts) Regulations 2012 (S.I. 2012/3008), regs. 1(1), 15 (with regs. 1(2), 2)