Regulation 2 Amendment of the Insurance Companies (Reserves)(Tax) Regulations 1996

The Insurance Companies (Reserves) (Tax) Regulations 1996^f1 shall be amended as follows.

In regulation 2(1) for the definition of “equalisation reserve rules” substitute—

• ““equalisation reserve rules” means the rules in Chapter 7.5 of the Integrated Prudential Sourcebook made by the Financial Services Authority under the Financial Services and Markets Act 2000;”.