The Friendly Societies (Modification of the Corporation Tax Acts) (Amendment) Regulations 2005
| Jurisdiction | UK Non-devolved |
| Citation | SI 2005/2005 |
| Year | 2005 |
STATUTORY I NSTRUMENT S
2005 No. 2005
CORPORATION TAX
The Friendly Societies (Modification of the Corporation Tax
Acts) (Amendment) Regulations 2005
Made - - - - 20th July 2005
Laid before the House of Commons 21st July 2005
Coming into force - - 11th August 2005
The Treasury, in exercise of the powers conferred upon them by section 463 of the Income and
Corporation Taxes Act 1988(a), make the following Regulations:
Citation, commencement and effect
1.—(1) These Regulations may be cited as the Friendly Societies (Modification of the
Corporation Tax Acts) (Amendment) Regulations 2005 and shall come into force on 11th August
2005.
(2) These Regulations shall have effect in relation to accounting periods beginning on or after 1st
January 2004 and ending on or before 31st December 2004.
Amendments to the Friendly Societies (Modification of the Corporation Tax Acts)
Regulations 1997
2. The Friendly Societies (Modification of the Corporation Tax Acts) Regulations 1997(b) are
amended as follows.
3. In regulation 2(c)—
(a) in both of the definitions of “annual return society” and “non annual return society” add
at the end “or Rule 9.4 of the Prudential Sourcebook (Insurers)”;
(b) add at the appropriate place the following definition—
“The Prudential Sourcebook (Insurers)” means the Interim Prudential Sourcebook for
Insurers made by the Financial Services Authority under the Financial Services and
Markets Act 2000(d);”.
4. In regulation 4A(1)(e) add at the end “to which Chapter 5 of the Prudential Sourcebook
(Friendly Societies) applies”.
(a) 1988 c. 1; section 463 was amended by section 50 of the Finance Act 1990 (c. 29), paragraphs 10 and 22 of Schedule 9 to the
Finance (No. 2) Act 1992 (c. 48), secti on 171 of the Finance Act 1996 (c. 8) and Article 52(2)(i) of S.I. 2001/36 29.
(b) S.I. 1997/473; relevantly amended by S.I. 1997/2877, 2000/2710, 2001/3629 and 2004/822.
(c) Regulation 2 was relevantly amended by S.I. 2004/822.
(d) Available from the Financial Services Authority.
(e) Regulation 4A was inserted by S.I. 2000/2710.
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