# Finance Act 1994, Section 48: Insurance premium tax.


(1) A tax, to be known as insurance premium tax, shall be charged in accordance with this Part.
(2) The tax shall be under the care and management of the Commissioners of Customs and Excise.

---
Source: https://www.legislation.gov.uk/ukpga/1994/9/section/48 (the official version)
Page: https://openlegislation.uk/finance-act-1994/section-48
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.