Paragraph 9B
United Kingdom
F1The following section shall be treated as inserted after section 434A—
“ Treatment of annuities.
434AAAn overseas life insurance company shall not be entitled to treat as paid out of profits or gains brought into charge to income tax any part of the annuities paid by the company which is referable to its life assurance business.”
Annotations
Textual amendments
- F1
Words in Sch. 19AC para. 9B substituted (with effect in accordance with s. 67(7) of the amending Act) by Finance Act 1997 (c. 16), s. 67(5)
Notes on Schedule 19AC
Textual amendments
- F1
Sch. 19AC repealed (31.12.2006 with effect in accordance with reg. 1 of the repealing S.I.) by The Overseas Life Insurance Companies Regulations 2006 (S.I. 2006/3271), reg. 43(1), Sch. Pt. 1
- F2
Sch. 19AC inserted (27.7.1993) by 1993 c. 34, s. 97, Sch. 9 para.1