SCHEDULES

SCHEDULE 9Insurance companies etc

Overseas life insurance companies

17

1

Section 156 of FA 2003 is amended as follows.

2

For subsection (4) (regulations amending certain provisions relating to overseas life insurance companies may be made with effect from 1st January 2003) substitute—

4

Regulations under this section may be made so as to have effect in relation to accounting periods or periods of account (whenever beginning) which end on or after the day on which the regulations come into force.