Statutory Instruments
2008 No. 1906
Corporation Tax
The Insurance Companies (Calculation of Profits: Policy Holders’ Tax) (Amendment) Regulations 2008
Made
17th July 2008
Laid before the House of Commons
18th July 2008
Coming into force
8th August 2008
The Treasury make the following Regulations in exercise of the powers conferred by section 82A of the Finance Act 1989( 1 ).
Citation, commencement and effect
1. —(1) These Regulations may be cited as the Insurance Companies (Calculation of Profits: Policy Holders’ Tax) (Amendment) Regulations 2008 and shall come into force on 8th August 2008.
(2) These Regulations shall have effect in relation to periods of account beginning on or after 1st January 2008 and ending on or after these Regulations come into force.
Amendment of the Insurance Companies (Calculation of Profits: Policy Holders’ Tax) Regulations 2003
2. —(1)The Insurance Companies (Calculation of Profits: Policy Holders’ Tax) Regulations 2003( 2 ) are amended as follows.
(2) In regulation 4 in sub-paragraph (b) for “or 4” substitute “, 4 or 5”.
Claire Ward
Dave Watts
Two of the Lords Commissioners of Her Majesty’s Treasury
17th July 2008
c. 26 . Section 82A was inserted by section 170 of, and paragraph 1 of Schedule 33 to, the Finance Act 2003 (c. 14) .