Search Legislation

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017

 Help about what version

What Version

  • Latest available (Revised)
  • Original (As made)
 Help about advanced features

Advanced Features

 Help about opening options

Opening OptionsExpand opening options

Changes over time for: Paragraph 4

 Help about opening options

Changes to legislation:

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, Paragraph 4 is up to date with all changes known to be in force on or before 27 February 2025. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations. Help about Changes to Legislation

[F1Trusts of insurance policiesU.K.

This section has no associated Explanatory Memorandum

[F24.(1) A trust of a life policy paying out only—

(a)on the death, terminal or critical illness, or permanent or temporary disablement of the person assured; or

(b)to meet the cost of healthcare services provided to the person assured.

(2) A trust of an insurance policy paying out only—

(a)on the temporary disablement of the person assured, where that policy was applied for at the same time as a policy under sub-paragraph (1); or

(b)to meet the cost of healthcare services provided to the person assured.

(3) A trust of the benefits payable on the death of the person assured under a retirement policy.]]

Back to top

Options/Help