{
  "url": "https://openlegislation.uk/finance-no-2-act-2023/section-31",
  "json_url": "https://openlegislation.uk/finance-no-2-act-2023/section-31.json",
  "legislation": "ukpga/2023/30",
  "legislation_title": "Finance (No. 2) Act 2023",
  "legislation_url": "https://openlegislation.uk/finance-no-2-act-2023",
  "path": "section/31",
  "kind": "section",
  "number": "31",
  "heading": "Certain re-insurance sums not to count as deemed I-E receipts",
  "text": "(1) Section 92 of FA 2012 (certain BLAGAB trading receipts to count as deemed I-E receipts) is amended as follows.\n(2) In subsection (5)—\n(a) after paragraph (a) insert—\n“(aa) sums paid to the company under re-insurance arrangements under which the re-insurer assumes substantially all of the insurance risks relating to the business that is re-insured,”, and\n(b) in paragraph (b), after “sums” insert “, other than sums falling within paragraph (aa),”.\n(3) In subsection (6), in the words before paragraph (a), after “contract” insert “, other than a sum falling within paragraph (aa),”.\n(4) The amendments made by this section have effect for accounting periods ending on or after 15 December 2022.",
  "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/2023/30/section/31",
    "retrieved_at": "2026-10-29T08:52:11.242356+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."
}