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)