# The Insurance Premium Tax Regulations 1994, Regulation 2: Interpretation


(1) In these Regulations—
“accounting period” means—
(a) in the case of a registered person, each period of three months ending on the dates notified to him by the Commissioners, whether by means of a certificate of registration issued by them or otherwise;
(b) in the case of a registrable person who is not registered, each quarter; or
(c) in the case of any registrable person, such other period in relation to which he is required by or under regulation 12 to make a return;
and, in every case, the first accounting period of a registrable person shall commence on the effective date determined in accordance with section 53 of the Act upon which the person was or should have been registered;
“the Act” means Part III of the Finance Act 1994
“Collector” means a Collector, Deputy Collector or Assistant Collector of Customs and Excise
“Lloyd's” means the society incorporated by section 3 of Lloyd’s Act 1871;
“managing agent” has the same meaning as in section 12(1) of Lloyd’s Act 1982;
“registered person” means a person who is registered under section 53 of the Act and, except in regulation 30, “register” and “registration” shall be construed accordingly;
“registration number” means the unique identifying number allocated to a registered person and notified to him by the Commissioners;
“return” means a return which is required to be made in accordance with regulation 12;
“underwriting member” has the same meaning as in section 2(1) of Lloyd’s Act 1982.
(2) Any reference in these Regulations to “this Part” is a reference to the Part of these Regulations in which that reference is made.
(3) Any reference in these Regulations to a form prescribed in the Schedule to these Regulations shall include a reference to a form which the Commissioners are satisfied is a form to the like effect.

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Source: https://www.legislation.gov.uk/uksi/1994/1774/regulation/2 (the official version)
Page: https://openlegislation.uk/insurance-premium-tax-regulations-1994/regulation-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.