{
  "url": "https://openlegislation.uk/corporation-tax-act-2009/section-392",
  "json_url": "https://openlegislation.uk/corporation-tax-act-2009/section-392.json",
  "legislation": "ukpga/2009/4",
  "legislation_title": "Corporation Tax Act 2009",
  "legislation_url": "https://openlegislation.uk/corporation-tax-act-2009",
  "path": "section/392",
  "kind": "section",
  "number": "392",
  "heading": "Exclusion of loan relationships of members of Lloyd's",
  "text": "(1) This section applies to any loan relationship of a corporate member of Lloyd's.\n(2) This Part does not apply as respects the relationship so far as rights or liabilities under it or securities representing it are—\n(a) assets forming part of the member's premium trust fund, or\n(b) liabilities attached to that fund.\n(3) In this section “corporate member” and “premium trust fund” have the same meaning as in Chapter 5 of Part 4 of FA 1994 (Lloyd's underwriters: corporations etc) (see section 230(1) of that Act).",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/2009/4/section/392",
    "retrieved_at": "2026-10-29T09:11:19.560467+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}