73 Identifying where the risk is situated
Finance Act 2022 (2022 c 3) | Legislation

Insurance premium tax

73  Identifying where the risk is situated

(1)     In Schedule 7A to FA 1994 (insurance premium tax: contracts that are not taxable), paragraph 8 (contracts relating to risks outside the United Kingdom) is amended as follows.

(2)     In sub-paragraph (2) for the words from “regulations made under section 424(3) of the Financial Services and Markets Act 2000” to the end substitute “the Table in sub-paragraph (3)”.

(3)     After that sub-paragraph insert—

“(3)     This is the Table referred to in sub-paragraph (2)—

Where—The
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