{
  "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008",
  "json_url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008.json",
  "id": "uksi/2008/562",
  "title": "The Income Tax (Purchased Life Annuities) Regulations 2008",
  "short_title": "Income Tax (Purchased Life Annuities) 2008",
  "long_title": "These Regulations provide a new procedure for obtaining the exemption for purchased life annuities under sections 717 to 719 of the Income Tax (Trading and Other Income) Act 2005 (“the 2005 Act”). This new procedure reflects the amendments and repeals effected by section 46 of the Finance Act 2007 of sections 717, 723 and 873 of the 2005 Act, and of sections 656 and 658 of the Income and Corporation Taxes Act 1988. As a consequence, the Income Tax (Purchased Life Annuity) Regulations 1956 (S.I. 1956/1230, as amended by S.I. 1960/2308, S.I. 1990/626 and S.I. 1991/2808) are revoked, save for the transitional provision in relation to the mortality tables to be used for annuities purchased in the 2007-2008 tax year (regulation 27).",
  "citation": "S.I. 2008/562",
  "type": "uksi",
  "year": "2008",
  "number": "562",
  "version": "current",
  "date": "2008-03-05",
  "revised": true,
  "valid_from": "2020-12-31",
  "extent": "E+W+S+N.I.",
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "part/1",
      "kind": "part",
      "number": "1",
      "heading": "Introduction",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
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      "path": "regulation/1",
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      "heading": "Citation, commencement and application",
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      "heading": "Interpretation",
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      "status": null,
      "parent": "part/1"
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      "path": "part/2",
      "kind": "part",
      "number": "2",
      "heading": "Procedure where annuity is purchased",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
    },
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      "path": "regulation/3",
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      "heading": "Application of this Part",
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      "extent": null,
      "status": null,
      "parent": "part/2"
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    {
      "path": "regulation/4",
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      "heading": "Initial steps",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-4",
      "extent": null,
      "status": null,
      "parent": "part/2"
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      "path": "regulation/5",
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      "heading": "Annuitant to provide information and make declaration",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-5",
      "extent": null,
      "status": null,
      "parent": "part/2"
    },
    {
      "path": "regulation/6",
      "kind": "regulation",
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      "heading": "Form to be returned on completion",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-6",
      "extent": null,
      "status": null,
      "parent": "part/2"
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    {
      "path": "regulation/7",
      "kind": "regulation",
      "number": "7",
      "heading": "What must be done on receipt of the completed form",
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      "extent": null,
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      "path": "regulation/8",
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      "number": "8",
      "heading": "What the relevant person must do if no completed form is received",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-8",
      "extent": null,
      "status": null,
      "parent": "part/2"
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    {
      "path": "part/3",
      "kind": "part",
      "number": "3",
      "heading": "Additional requirements where annuity is purchased from a non-United Kingdom insurer",
      "url": null,
      "extent": null,
      "status": null,
      "parent": null
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      "path": "regulation/9",
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      "heading": "Application of this Part",
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      "path": "regulation/10",
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      "number": "10",
      "heading": "Nomination of a tax representative",
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      "path": "regulation/11",
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      "number": "11",
      "heading": "Procedure for nomination",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-11",
      "extent": null,
      "status": null,
      "parent": "part/3"
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    {
      "path": "regulation/12",
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      "number": "12",
      "heading": "Decision as to nomination",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-12",
      "extent": null,
      "status": null,
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      "path": "regulation/13",
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      "heading": "Notification of changes",
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    {
      "path": "regulation/14",
      "kind": "regulation",
      "number": "14",
      "heading": "Termination of appointment of a tax representative – other than death or bankruptcy, etc",
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      "extent": null,
      "status": null,
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      "path": "regulation/15",
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      "heading": "Termination of appointment of a tax representative – death or bankruptcy, etc",
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      "extent": null,
      "status": null,
      "parent": "part/3"
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    {
      "path": "regulation/16",
      "kind": "regulation",
      "number": "16",
      "heading": "Tax representative to remain in post until successor appointed",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-16",
      "extent": null,
      "status": null,
      "parent": "part/3"
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    {
      "path": "regulation/17",
      "kind": "regulation",
      "number": "17",
      "heading": "Release of non-United Kingdom insurer from requirement to nominate a tax representative",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-17",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "regulation/18",
      "kind": "regulation",
      "number": "18",
      "heading": "Other arrangements",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-18",
      "extent": null,
      "status": null,
      "parent": "part/3"
    },
    {
      "path": "regulation/19",
      "kind": "regulation",
      "number": "19",
      "heading": "Appointment by the Commissioners of a non-United Kingdom insurer's tax representative",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-19",
      "extent": null,
      "status": null,
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      "path": "regulation/20",
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      "number": "20",
      "heading": "Appeals against decisions of the Commissioners",
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      "extent": null,
      "status": null,
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      "path": "part/4",
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      "number": "4",
      "heading": "Record-keeping and provision of information",
      "url": null,
      "extent": null,
      "status": null,
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    {
      "path": "regulation/21",
      "kind": "regulation",
      "number": "21",
      "heading": "Obligation to keep proper records",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-21",
      "extent": null,
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    {
      "path": "regulation/22",
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      "heading": "Information to be provided to the Commissioners",
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    {
      "path": "regulation/23",
      "kind": "regulation",
      "number": "23",
      "heading": "Inspection of records",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-23",
      "extent": null,
      "status": null,
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    },
    {
      "path": "regulation/24",
      "kind": "regulation",
      "number": "24",
      "heading": "Period for which records to be kept",
      "url": "https://openlegislation.uk/income-tax-purchased-life-annuities-regulations-2008/regulation-24",
      "extent": null,
      "status": null,
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    {
      "path": "regulation/25",
      "kind": "regulation",
      "number": "25",
      "heading": "Transfer of records",
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