# The Overseas Life Insurance Companies Regulations 2006, Regulation 25: Modifications of the Finance Act 1989


In section 88 (corporation tax: policy holders’ fraction of profits), in subsection (3)—
(a) after “business” insert “so far as that income and those gains fall to be attributed, for the purposes of section 11AA(2) of the Taxes Act 1988, to the permanent establishment in the United Kingdom through which the company carries on life assurance business”, and
(b) at the end insert—
“so far as those amounts and that deduction fall to be attributed, for the purposes of section 11AA(2) of the Taxes Act 1988, to that permanent establishment”.

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Source: https://www.legislation.gov.uk/uksi/2006/3271/regulation/25 (the official version)
Page: https://openlegislation.uk/overseas-life-insurance-companies-regulations-2006/regulation-25
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.