# The Industrial Assurance (Premium Receipt Books) (Amendment) Regulations 1977, Note: Explanatory note


The Industrial Assurance (Premium Receipt Books) Regulations 1948, as amended by these Regulations, will require that where, after 6th April 1979, tax relief on premiums paid on policies of industrial assurance is effected by the premium payer retaining 17½ per cent of the premium, the particulars included in premium receipt books shall include the net amount of the premium after deduction of the amount retained.

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Source: https://www.legislation.gov.uk/uksi/1977/1353/note (the official version)
Page: https://openlegislation.uk/industrial-assurance-premium-receipt-books-amendment-regulations-1977/note
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.