Modification of section 275U.K.
This section has no associated Explanatory Memorandum
11.—(1) In the heading of section 275 at the end add “and Non-EEA annuity provider”.
(2) At the end of the section add—
“(3) In this Part “non-EEA annuity provider” means a person resident in a country or territory outside the European Economic Area—
(a)whose normal business includes the provision of annuities; and
(b)who is regulated in the conduct of that business—
(i)by the government of that country or territory; or
(ii)a body established under the law of that country or territory for the purpose of regulating such business.”.