Finance Act 2004

Amendment of section 125 (certain premiums of insurance) of Principal Act.

75.—(1) Section 125 of the Principal Act is amended by inserting the following after paragraph (d) of the definition of “excluded amount”:

“(e) a premium received in respect of a contract of insurance, the sole purpose of which is to provide for the making of payments for the reimbursement or discharge in whole or in part of fees or charges in respect of the provision of dental services, other than those involving surgical procedures carried out in a hospital by way of hospital in-patient services within the meaning of section 2 (1) of the Health Insurance Act 1994 ;”.

(2) This section applies as respects contracts of insurance entered into on or after the date of the passing of the Finance Act 2004.