{
  "url": "https://openlegislation.uk/finance-act-2012/schedule-18/paragraph-13",
  "json_url": "https://openlegislation.uk/finance-act-2012/schedule-18/paragraph-13.json",
  "legislation": "ukpga/2012/14",
  "legislation_title": "Finance Act 2012",
  "legislation_url": "https://openlegislation.uk/finance-act-2012",
  "path": "schedule/18/paragraph/13",
  "kind": "paragraph",
  "number": "13",
  "heading": null,
  "text": "(1) Schedule 15 (qualifying policies) is amended as follows.\n(2) In paragraph 3—\n(a) in sub-paragraphs (1) and (4)(c), for “tax exempt life or endowment business” substitute “ exempt BLAGAB or eligible PHI business ”,\n(b) in sub-paragraph (8)(b)(i), for “a new society” substitute “ a society other than an old society ”, and\n(c) in sub-paragraph (8)(b)(ii), for “a society other than a new society” substitute “ an old society ”.\n(3) In paragraph 4(3)(b)(ii), for “a new society” substitute “ a society other than an old society ”.\n(4) Omit paragraph 5.\n(5) In paragraph 6—\n(a) in sub-paragraph (1)—\n(i) omit “(as defined in section 466)” in both places, and\n(ii) for “tax exempt life or endowment business” substitute “ exempt BLAGAB or eligible PHI business ”, and\n(b) in sub-paragraph (2), for “section 464” substitute “ section 160 of the Finance Act 2012 ”.\n(6) After paragraph 6 insert—\n“6A Any expression—\n(a) which is used in any provision made by any of paragraphs 3 to 6, and\n(b) which is used in Part 3 of the Finance Act 2012,\nhas the same meaning in that provision as it has in that Part.”",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2012/14/schedule/18/paragraph/13",
    "retrieved_at": "2026-10-29T09:08:44.989153+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."
}