Health Insurance (Miscellaneous Provisions) Act 2011

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Amendment of section 125A of Stamp Duties Consolidation Act 1999.

6.— Section 125A of the Stamp Duties Consolidation Act 1999 is amended—

(a) in subsection (1)—

(i) in the definition of “accounting period”, by substituting “, the fourth accounting period or the fifth accounting period” for “or the fourth accounting period”,

(ii) in the definition of “due date”, by substituting the following paragraphs for paragraphs (c) and (d):

“(c) 21 September 2011 in the case of the third accounting period,

(d) 21 September 2012 in the case of the fourth accounting period, and

(e) 21 January 2013 in the case of the fifth accounting period;”,

(iii) by inserting the following definition after the definition of “excluded contract of insurance”:

“ ‘fifth accounting period’ means the period of 5 months commencing on 1 August 2012 and ending 31 December 2012;”,

and

(iv) in the definition of “fourth accounting period”, by substituting “12 months commencing on 1 August 2011 and ending 31 July 2012” for “5 months commencing on 1 August 2011 and ending 31 December 2011”,

and

(b) in subsection (2)—

(i) in paragraph (a), by substituting the following subparagraphs for subparagraphs (iii) and (iv):

“(iii) on 1 January 2011 in the case of the third accounting period,

(iv) on 1 January 2012 in the case of the fourth accounting period, and

(v) on 1 August 2012 in the case of the fifth accounting period,”,

and

(ii) in paragraph (b), by substituting the following subparagraphs for subparagraphs (iii) and (iv):

“(iii) on 1 January 2011 in the case of the third accounting period,

(iv) on 1 January 2012 in the case of the fourth accounting period, and

(v) on 1 August 2012 in the case of the fifth accounting period,”.