The section gave the Commissioners a discretion as to whether to certify an otherwise complying policy of life assurance under the Act, so as to allow tax relief on premiums. No mandatory duty to approve policies was set out.
Judges:
Lord Justice Pill, Lord Justice Robert Walker and Mr Justice Laddie
Citations:
Times 26-Nov-2001, [2001] EWCA Civ 1681, [2001] BTC 467, 74 TC 346, [2001] STI 1421, [2001] STC 1639
Links:
Statutes:
Income and Corporation Taxes Act 1988
Jurisdiction:
England and Wales
Insurance, Income Tax
Updated: 29 June 2022; Ref: scu.166858