Income Tax (Deduction for Special Reserves of Approved General Insurers) Regulations 2006

  Table of Contents

  Enacting Formula

1 Citation and commencement

2 Definitions

3 Prescribed offshore risks

4 Deduction and amounts deemed as trading receipts

5 Transfer-in amounts for qualifying businesses

6 Transfer-out amounts for qualifying businesses

7 Deduction in respect of financial guarantee insurance

8 Period during which deduction is allowed

9 Cessation of business

10 Adjustment of relieved transfers for determining amount of trading receipts

11 Reporting requirements