http://www.legislation.gov.uk/uksi/1999/1408/regulation/3/made

The Non-resident Companies (General Insurance Business) Regulations 1999

INCOME TAX

King's Printer of Acts of Parliament

2017-05-16

INCOME TAX

These Regulations modify the effect of Chapter IV of Part XVII of the Income and Corporation Taxes Act 1988 (controlled foreign companies) (“Chapter IV”). The modifications relate to companies resident outside the United Kingdom which carry on general insurance business and draw up accounts relating to that business on a non-annual basis (“relevant foreign companies”), being companies in which companies resident in the United Kingdom (“United Kingdom companies”) have a relevant interest within the meaning of section 752A of the 1988 Act (inserted by paragraph 7 of Schedule 17 to the Finance Act 1998 (c. 36)).