http://www.legislation.gov.uk/ukpga/1994/9/schedule/21/paragraph/3/enacted
Finance Act 1994
Excise duties
VAT
Gambling and lottery licences
Tax
King's Printer of Acts of Parliament
2021-08-03
Finance Act 1994
s. 16A(2)(g)
Finance (No. 2) Act 2023
Sch. 13
para. 28
s. 120(2)
Finance Act 1994
s. 160(2)-(7)
Finance (No. 2) Act 2017
Sch. 5
para. 1
Sch. 5
paras. 27
32-34
Finance Act 1994
Sch. 5
para. 2(1)(pa)
The Customs (Amendment) (EU Exit) Regulations 2022
reg. 4
reg. 1
SCHEDULES
SCHEDULE 21Lloyd’s underwriters: individuals
Premiums trust funds
3
For subsection (1) of section 174 of the 1993 Act (premiums trust funds) there shall be substituted the following subsection—
1
For the purposes of the Income Tax Acts and the Gains Tax Acts—
a
a member shall be treated as absolutely entitled as against the trustees to the assets forming part of a premiums trust fund of his; and
b
where a deposit required by a regulatory authority in a country or territory outside the United Kingdom is paid out of such a fund, the money so paid shall be treated as still forming part of that fund.