# The Taxes (Amendments) (EU Exit) Regulations 2019, Regulation 3: Inheritance Tax Act 1984

Extent: E+W+S+N.I.

(1) The Inheritance Tax Act 1984 is amended as follows.
(2) In section 59(3)(b) for the words from “is” to the end substitute—
“—
(i) is an insurance company (within the meaning of Part 2 of the Finance Act 2012), and
(ii) has permission under Part 4A of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance.”.
(3) In section 115(5)(b) omit “, other than the United Kingdom,”.
(4) In section 125(1A) for “another” substitute “is in a”.

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Source: https://www.legislation.gov.uk/uksi/2019/689/regulation/3 (the official version)
Page: https://openlegislation.uk/taxes-amendments-eu-exit-regulations-2019/regulation-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.