Part XIX

Lloyd’s

Supplemental

Interpretation of this Part.
324
1
In this Part—
- “arranging deals”, in relation to the investments to which this Part applies, has the same meaning as in paragraph 3 of Schedule 2;
- “former underwriting member” means a person ceasing to be an underwriting member of the Society on, or at any time after, 24 December 1996; and
- “participation in Lloyd’s syndicates”, in relation to the secondary market activity, means the investment described in sub-paragraph (1) of paragraph 21 of Schedule 2.
2
A term used in this Part which is defined in Lloyd’s Act 1982 has the same meaning as in that Act.
1982 c.xiv.