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The Individual Savings Account (Insurance Companies) Regulations 1998
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- UK Statutory Instruments
- 1998 No. 1871
- Regulation 3
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Individual savings account business
3. For the purposes of these Regulations “individual savings account business” in relation to an insurance company means so much of that company’s life assurance business as is referable to any policy of life insurance, or to the reinsurance of liabilities under any such policy, where the policy is, on the date on which the insurance is made, a qualifying investment for an insurance component within the meaning of regulation 9 of the principal Regulations.
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