PART 2 AMENDMENTS TO PRIMARY LEGISLATION

The Income and Corporation Taxes Act 1988 (c. 1)

Amendment of return where general insurance business of foreign company accounted for on a non-annual basis

44.  In section 755B (meaning of general insurance business)(1) for subsection (6) substitute—

“(6) In this section “general insurance business” means business which consists of the effecting or carrying out of contracts which fall within Part I of Schedule 1 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001.”.

(1)

Section 755B was inserted by paragraph 14 of Schedule 17 to the Finance Act 1998.