Part IV Income Tax, Corporation Tax and Capital Gains Tax

C1C2Chapter V Lloyd’s Underwriters: Corporations etc.

Annotations:
Modifications etc. (not altering text)
C1

Pt. IV Chapter V (ss. 219-230) modified (1.12.1997) by S.I. 1997/2681, reg. 3(2)(a)

C2

Pt. IV Chapter V (ss. 219-230) applied (1.5.1995) by 1995 c. 4, s. 129(4)(6)

Pt. IV Chapter V (ss. 219-230) applied (1.5.1995) by 1995 c. 4, s. 127(16)(a)(19)

Miscellaneous

228 Lloyd’s underwriters: individuals.

1

Chapter III of Part II of the 1993 Act (Lloyd’s underwriters: individuals) shall have effect subject to the amendments specified in Schedule 21 to this Act.

2

The following provisions shall cease to have effect, namely—

a

section 627 of the Taxes Act 1988 (elections by Lloyd’s underwriters with respect to retirement annuities);

b

in section 641 of that Act, subsection (2) (elections by Lloyd’s underwriters with respect to carry-back of contributions); and

c

in section 183 of the 1993 Act, subsection (3) (amendments of sections 627(5) and 641(2) of the Taxes Act 1988).

3

Subject to any provision to the contrary, the provisions of Schedule 21 to this Act have effect for the year 1994-95 and subsequent years of assessment.

4

Subsection (2) above has effect for the year 1997-98 and subsequent years of assessment.