{
  "url": "https://openlegislation.uk/overseas-life-insurance-companies-regulations-2006/regulation-16",
  "json_url": "https://openlegislation.uk/overseas-life-insurance-companies-regulations-2006/regulation-16.json",
  "legislation": "uksi/2006/3271",
  "legislation_title": "The Overseas Life Insurance Companies Regulations 2006",
  "legislation_url": "https://openlegislation.uk/overseas-life-insurance-companies-regulations-2006",
  "path": "regulation/16",
  "kind": "regulation",
  "number": "16",
  "heading": "Modifications of the Income and Corporation Taxes Act",
  "text": "In section 444AL (interpretation of sections 444AF to 444AK), in subsection (3), in a case where the transferor is an EEA firm or a Treaty firm—\n(a) for “insurance company” substitute “overseas life insurance company where the company is an EEA firm or a Treaty firm”, and\n(b) for “surplus on valuation as shown in the periodical return” substitute “balance on the technical account – long-term business, so far as it relates to life assurance business carried on in the United Kingdom through a permanent establishment”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 444AL was inserted by section 86 of, and paragraph 5 of Schedule 11 to, the Finance Act 2006."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2006/3271/regulation/16",
    "retrieved_at": "2026-10-29T04:13:42.770247+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."
}