{
  "url": "https://openlegislation.uk/insurance-premium-tax-prescribed-rates-of-interest-amendment-order-1996/note",
  "json_url": "https://openlegislation.uk/insurance-premium-tax-prescribed-rates-of-interest-amendment-order-1996/note.json",
  "legislation": "uksi/1996/166",
  "legislation_title": "The Insurance Premium Tax (Prescribed Rates of Interest) (Amendment) Order 1996",
  "legislation_url": "https://openlegislation.uk/insurance-premium-tax-prescribed-rates-of-interest-amendment-order-1996",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Order)\nThis Order increases the prescribed rate of interest for the purposes of paragraph 21 of Schedule 7 to the Finance Act 1994 (c. 9) (interest on insurance premium tax recovered or recoverable by assessment) from 5.5 per cent. to 6.25 per cent. with effect from 6th February 1996.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/166/note",
    "retrieved_at": "2026-10-29T12:53:47.899168+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."
}