# Finance Act 1994, Paragraph 8


(1) In subsection (1) of section 184 of the 1993 Act (interpretation and commencement)—
(a) in the definition of “ancillary trust fund”, the words “or the managing agent of a syndicate of which he is a member” shall cease to have effect; and
(b) in the definition of “member”, for the words “a member of Lloyd’s who” there shall be substituted the words “ an individual who is a member of Lloyd’s and ”.
(2) In subsection (2)(c) of that section, for the word “agent”, in both places where it occurs, there shall be substituted the words “ managing agent ”.

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Source: https://www.legislation.gov.uk/ukpga/1994/9/schedule/21/paragraph/8 (the official version)
Page: https://openlegislation.uk/finance-act-1994/schedule-21/paragraph-8
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.