# Finance Act 1994, Paragraph 8

Extent: E+W+S+N.I.

(1) A contract falls within this paragraph if it relates only to a risk which is situated outside the United Kingdom.
(2) The question of whether a risk is situated in the United Kingdom shall be determined in accordance with the Table in sub-paragraph (3).
(3) This is the Table referred to in sub-paragraph (2)—
Where—
The risk is situated in—
the contract relates to a building, to some or all of the contents of a building or to a building and some or all of its contents
the country or territory in which the building is situated
the contract relates to vehicles of any type
the country or territory in which the vehicle is registered
the contract covers travel or holiday risks and has a duration of four months or less
the country or territory in which the policyholder entered into the contract
the contract does not fall within any of the previous entries and the policyholder is an individual
the country or territory in which the policyholder is habitually resident on the date on which the contract is entered into
the contract does not fall within any of the previous entries
the country or territory in which the establishment of the policyholder to which the contract relates is situated on the date on which the contract is entered into.
(4) For the purposes of the last entry in the Table, “establishment”, in relation to a policyholder (“P”), means—
(a) P’s head office or any of P’s agencies or branches, or
(b) any permanent presence of P (which need not take the form of a branch or agency and, for example, may consist of an office managed by P’s staff or by a person who is independent of P but who has permanent authority to act for P as if the person were an agency).

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Source: https://www.legislation.gov.uk/ukpga/1994/9/schedule/7A/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-1994/schedule-7A/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.