Regulation 2 InterpretationI1

In these Regulations a reference to Schedule 11 is a reference to Schedule 11 to the Finance Act 2007.

In these Regulations—

• “Schedule 3 to the Accounts and Reports Regulations” means Schedule 3 to the Large and Medium-sized Companies and Groups (Accounts and Reports) Regulations 2008^f1; and

• “syndicate return” means a return of a syndicate’s profit or loss for an underwriting year made under regulation 4 of the Lloyd’s Underwriters (Tax) Regulations 2005^f2.