{
  "url": "https://openlegislation.uk/insurance-companies-third-insurance-directives-regulations-1994/regulation-48",
  "json_url": "https://openlegislation.uk/insurance-companies-third-insurance-directives-regulations-1994/regulation-48.json",
  "legislation": "uksi/1994/1696",
  "legislation_title": "The Insurance Companies (Third Insurance Directives) Regulations 1994",
  "legislation_url": "https://openlegislation.uk/insurance-companies-third-insurance-directives-regulations-1994",
  "path": "regulation/48",
  "kind": "regulation",
  "number": "48",
  "heading": "Lloyd’s underwriters",
  "text": "(1) In section 83A of the 1982 Act (Lloyd’s underwriters: insurance Directives)—\n(a) after the words “Secretary of State” insert the words “which are exercisable in relation to UK companies”; and\n(b) for the words from “giving effect” to the end substitute the words\n“which—\n(a) gives effect to the general and long term insurance Directives; or\n(b) is applicable to the insurance activities of Lloyd’s in that State”.\n(2) In section 85 of that Act (Lloyd’s underwriters: transfers of business)—\n(a) in subsection (1), for the words “sections 49 to 52 above” substitute the words “Schedule 2C to this Act”;\n(b) in subsection (3), for the words “sections 49 and 50 or sections 51 and 52 above” substitute the words “the provisions of Part I or II of Schedule 2C to this Act” and for paragraph (a) substitute—\n“(a) references to a ‘UK company’ included references to members of Lloyd's;”; and\n(c) after subsection (3) insert—\n“(4) Section 52A above shall apply as if the reference in subsection (1) to a UK company included a reference to members of Lloyd's.”",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Reg. 48 in force at 1.7.1994, see reg. 1(1)"
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Section 83A was inserted by S.I. 1992/2890, reg 8 and amended by S.I.1993/174, reg 2."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1994/1696/regulation/48",
    "retrieved_at": "2026-11-13T03:33:14.881843+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}