172 Charges under life insurance policies for exceptional risk of disability
Finance Act 2003 (2003 c 14) | Legislation

172  Charges under life insurance policies for exceptional risk of disability

(1)     In Schedule 15 to the Taxes Act 1988 (provisions for determining whether an insurance policy is a “qualifying policy”)—

(a)     in paragraph 12(a) (disregard of so much of premium as is charged on the grounds of exceptional risk of death), and

(b)     in paragraph 12(b) (disregard of provision in policy charging, on those grounds, a sum as a debt against capital sum guaranteed

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