The Life Insurance Qualifying Policies (Statement and Reporting Requirements) (Amendment) Regulations 2015

Changes to the Life Insurance Qualifying Policy Regime were introduced by Finance Act 2013 which inserted paragraph B3 to Schedule 15 of the Income and Corporation Taxes Act 1988. The provisions require beneficiaries of qualifying policies to make statements to the insurer in respect of qualifying policies on the occurrence of certain events. The Life Insurance Qualifying Policies (Statement and Reporting Requirements) Regulations 2013 provide for exceptions from this requirement.

Lifecycle

Department

Made

04 Mar 2015

—

In force

26 Mar 2015

Enabling power

The Commissioners for Her Majesty’s Revenue and Customs make the following Regulations in exercise of the powers conferred by paragraph B3(7) of Schedule 15 to the Income and Corporation Taxes Act 1988.

DocumentsOpen on legislation.gov.uk →

Explanatory Memorandum

UK Explanatory Memorandum

application/pdf · 06 Mar 2015 · 32 KB

Instrument

application/pdf · 06 Mar 2015 · 31 KB