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Statutory Instruments

2008 No. 2628

Income Tax

The Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) (Amendment) Regulations 2008

Made

6th October 2008

Laid before the House of Commons

6th October 2008

Coming into force

27th October 2008

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by section 552ZA(6) to (8) of the Income and Corporation Taxes Act 1988( 1 ) and now vested in them( 2 ).

Citation and commencement

1. These Regulations may be cited as the Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) (Amendment) Regulations 2008 and shall come into force on 27th October 2008.

Amendment of the Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) Regulations 1997

2. —(1)The Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) Regulations 1997( 3 ) are amended as follows.

(2) In regulation 2 (interpretation)—

(a) In paragraph (1), in the definition of “the Board”, for “of Inland Revenue” substitute “for Her Majesty’s Revenue and Customs”, and

(b) in paragraph (3), for “Chapter II of Part XIII of the Taxes Act” substitute “Chapter 9 of Part 4 of the Income Tax (Trading and Other Income) Act 2005( 4 )”.

Mike Eland

3rd October 2008

Dave Hartnett

6th October 2008

Two of the Commissioners for Her Majesty’s Revenue and Customs

( 1 )

1988 c. 1 ; sections 552 and 552ZA were substituted for section 552 by paragraph 18 of Schedule 28 to the Finance Act 2001 (c. 9) .

( 2 )

The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5(2) of the Commissioners for Revenue and Customs Act 2005 (c. 11) . Section 50 of that Act provides that in so far as it is appropriate in consequence of section 5 a reference in an enactment, however expressed, to the Commissioners of Inland Revenue is to be read as a reference to the Commissioners for Her Majesty’s Revenue and Customs.

( 3 )

S.I. 1997/265 , amended by S.I. 2002/444 .

( 4 )

2005 c. 5 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Life Assurance and Other Policies (Keeping of Information and Duties of Insurers) (Amendment) Regulations 2008 (2008/2628)

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