Section 52A of the Finance Act 1994 (certain fees to be treated as premiums under higher rate contracts) shall be amended as follows.
In subsection (5) (which defines a "taxable intermediary" as a person falling within subsection (6) of that section etc) after "subsection (6)" there shall be inserted ." or (6A) "
For subsections (6) and (7) there shall be substituted—
In subsection (9) (definitions) the definition of "tour operator" and "travel agent" shall be omitted.
The amendments made by this section have effect in relation to payments in respect of fees charged on or after 1st August 1998.