This document establishes the regulatory framework for adjusting life assurance premium relief rates under the Industrial Assurance Act. The text is issued by the government of Great Britain to provide a legal mechanism for the modification of tax relief percentages associated with industrial life insurance policies. It functions as a formal statutory instrument designed to ensure compliance with updated fiscal policies regarding insurance premiums.

Legal professionals and government archivists utilize this text as a primary source for historical fiscal policy and regulatory compliance. It is regarded as a technical document intended for administrative use rather than general readership.