Regulation 2 Interpretation

In these Regulations unless the context otherwise requires—

• “annual claim” and “interim claim” have the meanings given by regulation 6(2) and (3) respectively;

• “the Board” means the Commissioners of Inland Revenue;

• “contract” means a contract of private medical insurance;

• “managing agent” means a person resident in the United Kingdom who is either—

  1. (a)

     an underwriting agent listed as a managing agent on the register of underwriting agents maintained under byelaws made under the Lloyd’s Act 1982^f1, or

  2. (b)

     an agent of a qualifying insurer for the purposes of section 55, other than a member of Lloyd's, who carries on the regular agency of the insurer in respect of insurance provided by him and is neither a broker nor a general commission agent receiving remuneration which is not less than that customary in the class of business in question;

• “notice” means notice in writing;

• “the principal sections” means sections 54 to 56 inclusive of the Finance Act 1989;

• “relief at source” shall be construed in accordance with regulation 3(1) ;

• “section 54”, “section 55” and “section 56” mean sections 54, 55 and 56 respectively of the Finance Act 1989;

• “the Taxes Act” means the Income and Corporation Taxes Act 1988 ^f2;

• “the Treasury Regulations” means the Private Medical Insurance (Disentitlement to Tax Relief and Approved Benefits) Regulations 1989 ^f3;

• “year” means a year beginning with 6th April in any year and ending with 5th April in the following year. Cases and conditions for relief at source