Article 7 Amendment of the Finance Act 1994

(1)

The Finance Act 1994^f1 is amended as follows.

(2)

In Schedule 7A (insurance premium tax: contracts that are not taxable)^f2, in paragraph 3 (contracts relating to motor vehicles for use by handicapped persons)—

(a)

in sub-paragraph (2)(a), for “or of a mobility supplement” substitute “, or of a mobility supplement or of disability assistance for children and young people by virtue of entitlement to the mobility component”,

(b)

in sub-paragraph (3)—

(i)

at the end of paragraph (b), omit “or”,

(ii)

at the end of paragraph (c), omit the comma and insert—

“; or

(d)
the Scottish Ministers,”,

(iii)

in the full-out, for “or mobility supplement” substitute “, mobility supplement or disability assistance for children and young people”,

(c)

at the end of sub-paragraph (4)(c), for the full stop substitute a semi-colon,

(d)

after sub-paragraph (4)(c), insert—

“(d)
“disability assistance for children and young people” means a category of disability assistance specifically for children and young people given in accordance with regulations made under section 31 of the Social Security (Scotland) Act 2018.”.

Annotations

Footnotes

f1: 1994 c.9.
f2: Schedule 7A was added by article 5 of SI 1994/1698, and relevantly amended by S.I. 2002/1397 and section 201 of the Finance Act 2013 (c.29).