{
  "url": "https://openlegislation.uk/finance-act-2009/schedule-50/paragraph-1",
  "json_url": "https://openlegislation.uk/finance-act-2009/schedule-50/paragraph-1.json",
  "legislation": "ukpga/2009/10",
  "legislation_title": "Finance Act 2009",
  "legislation_url": "https://openlegislation.uk/finance-act-2009",
  "path": "schedule/50/paragraph/1",
  "kind": "paragraph",
  "number": "1",
  "heading": null,
  "text": "(1) Paragraph 1 of Schedule 7 to FA 1994 (insurance premium tax: records) is amended as follows.\n(2) In sub-paragraph (3)—\n(a) after “may” insert\n“— ”, and\n(a)\n(b) insert at the end—\n“(b) authorise the Commissioners to direct that any such records need only be preserved for a shorter period than that specified in the regulations, and\n(c) authorise a direction to be made so as to apply generally or in such cases as the Commissioners may stipulate.”\n(3) For sub-paragraphs (4) to (6) substitute—\n“(4) A duty under the regulations to preserve records may be discharged—\n(a) by preserving them in any form and by any means, or\n(b) by preserving the information contained in them in any form and by any means,\nsubject to any conditions or exceptions specified in writing by the Commissioners.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Sch. 50 para. 1 in force at 1.4.2010 for the purposes of the amendments made by that paragraph by S.I. 2010/815, art. 2"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/10/schedule/50/paragraph/1",
    "retrieved_at": "2026-10-29T09:11:08.872832+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."
}