{
  "url": "https://openlegislation.uk/overseas-life-insurance-companies-amendment-regulations-2005/note",
  "json_url": "https://openlegislation.uk/overseas-life-insurance-companies-amendment-regulations-2005/note.json",
  "legislation": "uksi/2005/3375",
  "legislation_title": "The Overseas Life Insurance Companies (Amendment) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/overseas-life-insurance-companies-amendment-regulations-2005",
  "path": "note",
  "kind": "note",
  "number": null,
  "heading": "Explanatory note",
  "text": "(This note is not part of the Regulations)\nThese Regulations amend the Overseas Life Insurance Companies Regulations 2004 (S.I. 2004/2200).\nRegulation 1 provides for the citation commencement and effect of the Regulations.\nRegulation 2 introduces the amendments.\nRegulations 3 and 4 amend—\n(a) paragraph 6(10) treated as inserted into Schedule 19AC to the Income and Corporation Taxes Act 1988 (c. 1);\n(b) paragraph1AA treated as inserted into Schedule 8A to the Finance Act 1989 (c. 26);\n(c) sub-paragraph (1A) treated as inserted in paragraph 1B of that Schedule; and\n(d) sub-paragraph (6A) treated as inserted in paragraph 2 of that Schedule;\nso as to apply to Treaty firms, within the meaning of paragraph 1 of Schedule 4 to the Financial Services and Markets Act 2000 (FISMA) the same treatment as applies under the provisions listed in paragraphs (a) to (d) to EEA firms within the meaning of Schedule 3 to FISMA. Such Treaty firms are those which do not have an EEA right within the meaning of Schedule 4 to FISMA but are authorised persons for the purposes of that Act as a result of applying for an authorisation under paragraph 2 of Schedule 4 to FISMA and whose home state authorisation is to carry on the business of effecting contracts of insurance as principal or the activity of carrying out such a contract as principal or both.\nThese Regulations do not impose new costs on business.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/3375/note",
    "retrieved_at": "2026-10-29T04:41:14.881053+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."
}