The Individual Savings Account (Insurance Companies) (Amendment) Regulations 2000
These Regulations amend the Individual Savings Account (Insurance Companies) Regulations 1998 (S.I. 1998/1871). The amendments ensure that an insurance company is entitled to a tax credit in respect of distributions received relating to its individual savings account business, and that any such credit is brought into account in computing the insurance company’s profit from its individual savings account business.