# The Financial Services and Markets Act 2000 (Consequential Amendments) (Taxes) Order 2001, Article 140: Prescribed percentage rates of return

Extent: E+W+S+N.I.

In regulation 7(11) of the Insurance Companies (Taxation of Reinsurance Business) Regulations 1995 (prescribed percentage rates of return for the purposes of regulations 4 and 5)—
(a) in sub-paragraph (a) for “long term” substitute “long-term”;
(b) in sub-paragraph (b)(i) and (ii) for “long term business” substitute “long-term insurance”.

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Source: https://www.legislation.gov.uk/uksi/2001/3629/article/140 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-taxes-order-2001/article-140
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.