The Insurance Companies (Overseas Life Assurance Business) (Excluded Business) (Amendment) Regulations 2007
These Regulations amend the Insurance Companies (Overseas Life Assurance Business) (Excluded Business) Regulations 2000 (S.I. 2000/2089: “the principal Regulations”). The principal Regulations provide for certain life assurance business to be excluded from the definition of “overseas life assurance business” in section 431D(1) of the Income and Corporation Taxes Act 1988 (c. 1) (meaning of “overseas life assurance business”).