Finance Act 2015
|
Amendment of section 470 of Principal Act (relief for insurance against expenses of illness) | ||
|
8. (1) Section 470 of the Principal Act is amended in subsection (1) by substituting the following for the definition of “child”: | ||
“ ‘child’ means an individual under the age of 21 years in respect of whom the payment under a relevant contract has been reduced in accordance with paragraph (a)(ii) or (b)(i)(I) of section 7 (5) of the Health Insurance Act 1994 ;”. | ||
(2) This section shall apply in respect of relevant contracts (within the meaning of section 470 of the Principal Act) entered into or renewed on or after 1 May 2015. |