{
  "url": "https://openlegislation.uk/finance-act-1998/schedule-17/paragraph-15",
  "json_url": "https://openlegislation.uk/finance-act-1998/schedule-17/paragraph-15.json",
  "legislation": "ukpga/1998/36",
  "legislation_title": "Finance Act 1998",
  "legislation_url": "https://openlegislation.uk/finance-act-1998",
  "path": "schedule/17/paragraph/15",
  "kind": "paragraph",
  "number": "15",
  "heading": null,
  "text": "After section 755B of the Taxes Act 1988 there shall be inserted—\n“ Application of Chapter where general insurance business of foreign company accounted for on non-annual basis.\n755C (1) The Treasury may by regulations provide for the provisions of this Chapter to have effect with prescribed modifications in any case where a non-resident company—\n(a) carries on general insurance business; and\n(b) draws up accounts relating to that business using a method falling within subsection (2) of section 755B.\n(2) Regulations under subsection (1) above may—\n(a) make different provision for different cases;\n(b) make provision having effect in relation to accounting periods of non-resident companies ending not more than one year before the date on which the regulations are made; and\n(c) contain such supplementary, incidental, consequential and transitional provision as the Treasury may think fit.\n(3) In this section—\n“general insurance business” has the same meaning as in section 755B;\n“non-resident company” means a company resident outside the United Kingdom;\n“prescribed” means prescribed in regulations under this section.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1998/36/schedule/17/paragraph/15",
    "retrieved_at": "2026-10-29T09:22:30.566925+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."
}