{
  "url": "https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-no-2-order-2008/article-4",
  "json_url": "https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-no-2-order-2008/article-4.json",
  "legislation": "uksi/2008/3096",
  "legislation_title": "The Insurance Companies (Corporation Tax Acts) (Amendment) (No. 2) Order 2008",
  "legislation_url": "https://openlegislation.uk/insurance-companies-corporation-tax-acts-amendment-no-2-order-2008",
  "path": "article/4",
  "kind": "article",
  "number": "4",
  "heading": "Amendment of section 82F of the Finance Act 1989",
  "text": "(1) Amend section 82F of the Finance Act 1989 (section 82D: treatment of transferees under insurance business schemes) as follows.\n(2) In subsection (1)(b), for “does not make” substitute “makes”.\n(3) In subsection (5A), for “negative” substitute “below nil”.\n(4) In subsection (6), after “transferred to the transferee” insert “(or if more than one, all of the transferees)”.\n(5) After subsection (6) insert—\n“(6A) But where the total amount of the liabilities of the long-term business of the transferor transferred to all the transferees is below nil, the appropriate amount is such proportion of XA as is just and reasonable to attribute to all the transferees.”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1989 c. 26; section 82F was inserted by article 13 of S.I. 2007/1031."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2008/3096/article/4",
    "retrieved_at": "2026-10-29T03:21:02.094537+00:00"
  },
  "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."
}