{
  "url": "https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-no-2-order-2006",
  "json_url": "https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-no-2-order-2006.json",
  "id": "uksi/2006/3387",
  "title": "The Insurance Companies (Corporation Tax Acts) (Amendment No. 2) Order 2006",
  "short_title": "Insurance Companies (Corporation Tax Acts) 2006",
  "long_title": "This Order amends the Income and Corporation Taxes Act 1988 (c. 1: “ICTA”) and the Finance Act 1989 (c. 26: “FA 89”) in consequence of a change to the rules contained in the Prudential Sourcebook for Insurers (referred to in the Order as the Insurance Prudential Sourcebook to distinguish it from the Interim Prudential Sourcebook (Insurers)). The Order allows an additional amount to be brought into account in computing an insurance company’s closing liabilities (in the case of life assurance business) and long term business provision (in the case of long-term business which is not life assurance business) for the first period of account ending on or after 31st December 2006 and its opening liabilities and long term business provision for the next period of account, to mitigate the effects of a rule change in the Insurance Prudential Sourcebook. The Sourcebooks are made by the Financial Services Authority under the Financial Services and Markets Act 2000 (c. 8).",
  "citation": "S.I. 2006/3387",
  "type": "uksi",
  "year": "2006",
  "number": "3387",
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  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}