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Paragraph 7 I1

United Kingdom

The terms of the undertaking referred to in regulation 12(1)(c)(ii) are that the overseas insurer undertakes–

(a)

within three months after a relevant event occurs in connection with a policy or contract, to deliver to the policy holder a certificate containing the information referred to in paragraph 10; and

(b)

within three months after the end of each F1tax year F2... in which such a certificate is delivered, and in the circumstances described in paragraph 9, to supply to the F3Board a copy of that certificate;

where to the best of the overseas insurer’s information and belief the policy holder was resident in the United Kingdom immediately before the relevant event occurred.

Annotations

Textual amendments

F1

Words in Sch. para. 7(b) substituted (27.10.2008) by The Overseas Insurers (Tax Representatives) (Amendment) Regulations 2008 (S.I. 2008/2626), regs. 1, 7(7)(a)

F2

Words in Sch. para. 7(b) omitted (27.10.2008) by virtue of The Overseas Insurers (Tax Representatives) (Amendment) Regulations 2008 (S.I. 2008/2626), regs. 1, 7(7)(b)

F3

Word in Sch. para. 7(b) substituted (27.10.2008) by The Overseas Insurers (Tax Representatives) (Amendment) Regulations 2008 (S.I. 2008/2626), regs. 1, 7(7)(c)

Commencement

I1

Sch. para. 7 in force at 6.4.1999, see reg. 1