# The Financial Services and Markets Act 2000 (Consequential Amendments) (Taxes) Order 2001, Article 29: Effect of transfer of insurance business

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

(1) In section 444A (effect of transfer of long-term insurance business) for subsection (1) substitute—
“(1) Subject to subsection (7) below, this section applies where an insurance business transfer scheme has effect to transfer long-term business from one person (“the transferor”) to another (“the transferee”).”.
(2) This Article has effect in relation to any transfer under a scheme falling within section 105 of the Financial Services and Markets Act 2000, including an excluded scheme falling within Case 2, 3 or 4 of subsection (3) of that section.

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Source: https://www.legislation.gov.uk/uksi/2001/3629/article/29 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-taxes-order-2001/article-29
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.