Part 6Exempt income

Chapter 7Purchased life annuity payments

Partial exemption for purchased life annuity payments

724Regulations

(1)

F1the Commissioners for Her Majesty’s Revenue and Customs may by regulations—

(a)

prescribe the procedure to be used in giving effect to sections 717 to F2722 and this section where no provision is made in those provisions,

(b)

apply any provision of the Income Tax Acts, with or without modifications, for the purposes of those provisions or the regulations,

(c)

prescribe tables of mortality for the purposes of sections 720(4) and 721(4).

F3(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

F4. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .