Mutual deferred shares: consultation on technical policy details
Download the full outcome
Detail of outcome
This document summarises the responses received and sets out the government’s response. The government has considered the issues raised by respondents carefully. The government has decided not to lay the regulations to give effect to the provisions in the Mutuals’ Deferred Shares Act 2015.
Original consultation
Consultation description
The consultation asks a number of questions about policy issues on the drafting, how the impact assessment can be improved and some high level questions on tax implications that may arise for mutual deferred shares. The views expressed will inform the final details of the regulations.
This consultation should be read by those who will seek to take advantage of the regulations and issue a mutual deferred share, or who could be affected by this. This could be any individual, organisation or group that is a stakeholder in the UK mutual insurance market, such as friendly societies, mutual insurers, professional advisers, business groups, consumer groups, investors, individual mutual members, and other interested parties.
Documents
Last updated 23 October 2018 + show all updates
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Updated with 'final outcome'.
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First published.