{
  "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997",
  "json_url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997.json",
  "id": "uksi/1997/2865",
  "title": "The Insurance Companies (Pension Business) (Transitional Provisions) (Amendment) Regulations 1997",
  "short_title": "Insurance Companies (Pension Business) (Transitional Provisions) 1997",
  "long_title": "Schedule 19AB to the Income and Corporation Taxes Act 1988 (“Schedule 19AB”) provides that insurance companies carrying on pension business shall be entitled to provisional repayments of tax on pension business investment income. However, paragraph 4 of Schedule 19AB provides that during a transitional period, the Commissioners of Inland Revenue may make provision, by regulations, for the amount of a provisional repayment to be reduced by a prescribed percentage for any accounting period ending during that transitional period. The regulations may prescribe different percentages for accounting periods ending after different dates falling within the transitional period. The transitional period is defined as beginning with accounting periods ending after the date specified in the regulations as “the opening transitional date” and ending with accounting periods ending before the date specified in the regulations as “the closing transitional date”.",
  "citation": "S.I. 1997/2865",
  "type": "uksi",
  "year": "1997",
  "number": "2865",
  "version": "current",
  "date": "1997-12-03",
  "revised": false,
  "valid_from": null,
  "extent": null,
  "unapplied_effects": 0,
  "provisions": [
    {
      "path": "introduction",
      "kind": "introduction",
      "number": null,
      "heading": "Introductory text",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/introduction",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/1",
      "kind": "regulation",
      "number": "1",
      "heading": "Citation and commencement",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/regulation-1",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/2",
      "kind": "regulation",
      "number": "2",
      "heading": "Interpretation",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/regulation-2",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/3",
      "kind": "regulation",
      "number": "3",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/regulation-3",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/4",
      "kind": "regulation",
      "number": "4",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/regulation-4",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "regulation/5",
      "kind": "regulation",
      "number": "5",
      "heading": "Amendments to the principal Regulations",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/regulation-5",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "signature",
      "kind": "signature",
      "number": null,
      "heading": "Signature",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/signature",
      "extent": null,
      "status": null,
      "parent": null
    },
    {
      "path": "note",
      "kind": "note",
      "number": null,
      "heading": "Explanatory note",
      "url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/note",
      "extent": null,
      "status": null,
      "parent": null
    }
  ],
  "has_text": true,
  "pdfs": [],
  "outstanding_effects": [],
  "made_under": [
    {
      "id": "ukpga/1988/1",
      "title": "Income and Corporation Taxes Act 1988",
      "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988",
      "provisions": [
        "schedule/19AB/paragraph/4"
      ]
    }
  ],
  "changes_made_to": 0,
  "changes_made_to_url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/changes.json",
  "changes_made_by": 4,
  "changes_made_by_url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/changes/by-it.json",
  "instruments_made_under": 0,
  "instruments_made_under_url": "https://openlegislation.uk/insurance-companies-pension-business-transitional-provisions-amendment-regulations-1997/instruments.json",
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/2865",
    "retrieved_at": "2026-10-29T11:41:44.108441+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."
}