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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Industrial Assurance (Life Assurance Premium Relief) (Amendment) Regulations 1978 No. 1161 URL: http://www.bailii.org/uk/legis/num_reg/1978/uksi_19781161_en.html |
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Statutory Instruments
INDUSTRIAL ASSURANCE
Made
4th August 1978
Laid before Parliament
14th August 1978
Coming into Operation
4th September 1978
The Industrial Assurance Commissioner pursuant to the powers conferred upon him by paragraph 13 of Schedule 4 to the Finance Act 1976 and to all other powers enabling him in that behalf hereby makes the following Regulations:-
1.-(1) These Regulations may be cited as the Industrial Assurance (Life Assurance Premium Relief) (Amendment) Regulations 1978 and shall come into operation on 4th September 1978.
(2) The Interpretation Act 1889 shall apply to the interpretation of these Regulations as it applies to the interpretation of an Act of Parliament.
2. The Industrial Assurance (Life Assurance Premium Relief) Regulations 1977 shall be amended by substituting in paragraph 2 of Schedule 1 thereto for the words "paid after 6th April 1979" the words "due and payable after 5th April 1979."
K. Brading
Industrial Assurance Commissioner
Date: 4th August 1978
These Regulations amend the Industrial Assurance (Life Assurance Premium Relief) Regulations 1977 so that where an industrial assurance company or collecting society adopts the Prescribed Scheme, under which tax relief to policyholders is effected by deduction from premiums, the Scheme will apply only to premium payments due and payable after 5th April 1979.