The Overseas Life Assurance Fund (Amendment) Order 2004
This Order amends Schedule 19AA to the Income and Corporation Taxes Act 1988 (c. 1) (“the Schedule”) for the purpose of permitting certain assets which are linked assets for the purposes of the overseas life assurance fund of an insurance company to remain treated as solely linked to the overseas life assurance business of the company, notwithstanding that they do not satisfy all of the tests in the Insurance Companies (Overseas Life Assurance Business) (Compliance) Regulations 1995 (“the 1995 Regulations”)..