{
  "url": "https://openlegislation.uk/finance-act-2026/schedule-1/paragraph-49",
  "json_url": "https://openlegislation.uk/finance-act-2026/schedule-1/paragraph-49.json",
  "legislation": "ukpga/2026/11",
  "legislation_title": "Finance Act 2026",
  "legislation_url": "https://openlegislation.uk/finance-act-2026",
  "path": "schedule/1/paragraph/49",
  "kind": "paragraph",
  "number": "49",
  "heading": "ITTOIA 2005",
  "text": "In section 539 (gains from life insurance contracts: relief for deficiencies), in subsection (8)—\n(a) after the entry relating to the default higher and default basic rate insert—\n“\nthe property higher rate\nthe property basic rate\n”, and\n(b) at the end insert—\n“\nthe Welsh property higher rate\nthe Welsh property basic rate\n”.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2026/11/schedule/1/paragraph/49",
    "retrieved_at": "2026-10-29T08:42:24.914774+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."
}