{
  "url": "https://openlegislation.uk/finance-act-1994/section-69B",
  "json_url": "https://openlegislation.uk/finance-act-1994/section-69B.json",
  "legislation": "ukpga/1994/9",
  "legislation_title": "Finance Act 1994",
  "legislation_url": "https://openlegislation.uk/finance-act-1994",
  "path": "section/69B",
  "kind": "section",
  "number": "69B",
  "heading": "Treatment of excepted premiums where limits breached after receipt",
  "text": "(1) This section applies if—\n(a) an insurer at any time—\n(i) receives a premium under a part-exempt contract that is not an excepted premium, or\n(ii) acquires a present or future right to receive a premium under a part-exempt contract that, on receipt, will not be an excepted premium,\n(b) one or more excepted premiums were previously received by the insurer under the contract, and\n(c) this section has not already applied in relation to the contract.\n(2) The insurer is deemed for the purposes of this Part to have received, at the time mentioned in subsection (1)(a), premiums under the contract of the same amounts, and attributable to the same matters, as the excepted premiums mentioned in subsection (1)(b).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Ss. 69A-69D inserted (1.3.2012) by The Enactment of Extra-Statutory Concessions Order 2012 (S.I. 2012/266), arts. 1, 2(5)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1994/9/section/69B",
    "retrieved_at": "2026-10-29T09:34:21.412655+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}