OpenLegislation

Article 85 InterpretationI1

United Kingdom

In section 230 (interpretation) for the definition of “premiums trust fund” substitute—

  • ““premium trust fund” means a trust fund into which premiums receivable by members are paid in compliance with a trust deed under section 10.3 of the Lloyd’s Sourcebook made by the Financial Services Authority under the Financial Services and Markets Act 2000;”.

Annotations

Commencement

I1

Art. 85 in force at 1.12.2001, see art. 1(2)(a)