The Insurance Companies (Amendment to Section 129 of, and Schedule 17 to, the Finance Act 2012) Regulations 2015
The Regulations make amendments to section 129(8) of, and Schedule 17 to, the Finance Act 2012 (c. 14) (“the Act”). Sections 128 to 130 of the Act concern transfers of basic life assurance and general annuity business (“BLAGAB”) and section 129 makes provision in respect of intra-group transfers and demutualisation.