Section 86 Statement of business by Committee of Lloyd’s.
United Kingdom
The Committee of Lloyd’s shall deposit every year with the F1Treasury a statement in the prescribed form summarising the extent and character of the insurance business done by the members of Lloyd’s in the twelve months to which the statement relates.
Regulations made for the purposes of this section may require the statement to deal separately with such classes or descriptions of business as may be specified in the regulations.
Annotations
Textual amendments
- F1
Words in s. 86(1) substituted (5.1.1998) by S.I. 1997/2781, art. 8(1), Sch. Pt. I para. 48 (with art. 7)
Modifications
- C1
S. 86(1): power to contract out conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para. 55
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(b)