1AA

A contract (“the relevant contract”) is not to be regarded as a separate contract for the purposes of subsection (1A) above if conditions A to D are met.

1AB

Condition A is that the insured is an individual (“I”) and enters into the taxable insurance contract in a personal capacity.

1AC

Condition B is that I—

a

is required to enter into the relevant contract by, or as a condition of entering into, the taxable insurance contract, or

b

would be unlikely to enter into the relevant contract without also entering into the taxable insurance contract.

1AD

Condition C is that—

a

the amount charged to I under the relevant contract in respect of any particular services is not open to negotiation by I, or

b

the other terms on which particular services are to be provided to I under the relevant contract are not open to such negotiation.

1AE

Condition D is that the amount charged to I under the taxable insurance contract is arrived at without a comprehensive assessment having been undertaken of the individual circumstances of I which might affect the level of risk.

9A

Provision may be made by order amending subsections (1AA) to (1AE) above.