(1) In this section -
'assessable amount', in relation to a quarter, means the gross amount received by an insurer by means of premiums in that quarter for policies of life insurance referred to in classes I, II, III, IV, V and VI of Annex I to the Directive to the extent that the risks to which those policies of life insurance relate are located in the State (being risks deemed to be located in the State by virtue of section 61) but excluding amounts received in respect of pension business which shall be construed in accordance with subsections (2) and (3) of section 706 of the Taxes Consolidation Act 1997 and excluding amounts received in the course of or by means of reinsurance;
'Directive' means Directive 2002/83/EC of the European Parliament and of the Council of 5 November 2002 [OJ No. L345, 19 December 2002, p.1.] concerning life assurance;
'due date' means, in respect of the quarter ending on -
(a) 31 March in any year, 25 April in the same year,
(b) 30 June in any year, 25 Ju
…