{
  "url": "https://openlegislation.uk/lloyds-underwriters-scottish-limited-partnerships-tax-regulations-1997/regulation-2",
  "json_url": "https://openlegislation.uk/lloyds-underwriters-scottish-limited-partnerships-tax-regulations-1997/regulation-2.json",
  "legislation": "uksi/1997/2681",
  "legislation_title": "The Lloyd’s Underwriters (Scottish Limited Partnerships) (Tax) Regulations 1997",
  "legislation_url": "https://openlegislation.uk/lloyds-underwriters-scottish-limited-partnerships-tax-regulations-1997",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations unless the context otherwise requires—\n“accounting period” in relation to a Lloyd’s Scottish limited partnership has the meaning given by regulation 6(2);\n“corporate member” has the meaning given by section 230(1) of the Finance Act 1994;\n“Lloyd’s Scottish limited partnership” means a limited partnership formed under the laws of Scotland which is a member of Lloyd's;\n“member” means a member of Lloyd’s who is or has been an underwriting member;\n“the Taxes Act” means the Income and Corporation Taxes Act 1988.\n(2) For the purposes of these Regulations an underwriting year and a year of assessment shall be deemed to correspond to each other if the underwriting year ends in the year of assessment.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1988 c. 1."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1997/2681/regulation/2",
    "retrieved_at": "2026-10-29T11:43:10.330537+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."
}