# The Lloyd’s Underwriters (Special Reserve Funds) (Amendment) Regulations 1995, Regulation 5: Amendments to the principal Regulations


(1) In regulation 8—
(a) in paragraph (1) for “(2)” there shall be substituted “(1A)”;
(b) after paragraph (1) there shall be inserted the following paragraph—
“(1A) In sub-paragraph (2) for the words from “under paragraph 7(1) above” to “assigns” there shall be substituted the words “which is made by the trustees to him or his personal representatives or assigns out of his special reserve fund under paragraph 7(1) above, or otherwise than”.”.
(2) This regulation shall have effect for the year 1994-95 and subsequent years of assessment.

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Source: https://www.legislation.gov.uk/uksi/1995/1185/regulation/5 (the official version)
Page: https://openlegislation.uk/lloyds-underwriters-special-reserve-funds-amendment-regulations-1995/regulation-5
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.