SCHEDULES
C1C2SCHEDULE 15 QUALIFYING POLICIES
Annotations:
Modifications etc. (not altering text)
C2
Sch. 15 modified (1.5.1995) by Finance Act 1995 (c. 4), Sch. 10 para. 4(2)(3)
PART I QUALIFYING CONDITIONS
Other special provisions
(i) Short-term assurances
10
M1 A policy which secures a capital sum payable only on death or payable either on death or on earlier disability shall not be a qualifying policy if the capital sum is payable only if the event in question happens before the expiry of a specified term ending less than one year after the making of the insurance.
Sch. 15 modified by Finance Act 1991 (c. 31, SIF 63:1), s. 50, Sch. 9 para. 5 (2)