http://www.legislation.gov.uk/uksi/1999/3308/regulation/4/made

The Lloyd’s Underwriters (Special Reserve Funds) Regulations 1999

Income tax

Tax

Capital gains tax

King's Printer of Acts of Parliament

2011-07-04

INCOME TAX

These Regulations amend and modify Schedule 20 to the Finance Act 1993 (c. 34) (“Schedule 20” and “the Act” respectively). The principal effects of the changes are to make provision in consequence of a variation of the arrangements made by the Council of Lloyd’s for special reserve funds, under section 175(1) of the Act (regulation 3), and to make other modifications to Schedule 20 for cases where a Lloyd’s member ceases to carry on his underwriting business (regulations 4, 5 and 6).