The Insurance Companies (Taxation of Re-insurance Business) Regulations 2018
Section 57 of the Finance Act 2012 (c. 14) (“FA 2012”) defines basic life assurance and general annuity business (“BLAGAB”) as life assurance business other than specific categories of business listed in section 57(2). The Regulations provide for the cases in which reinsurance of life assurance business is within BLAGAB.
Lifecycle
Department
Made
26 Apr 2018
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In force
01 Jun 2018
Enabling power
The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by sections 57(3), 90(4) and (5) and 91 of the Finance Act 2012:
DocumentsOpen on legislation.gov.uk →