{
  "url": "https://openlegislation.uk/lloyds-underwriters-special-reserve-funds-regulations-1999/regulation-3",
  "json_url": "https://openlegislation.uk/lloyds-underwriters-special-reserve-funds-regulations-1999/regulation-3.json",
  "legislation": "uksi/1999/3308",
  "legislation_title": "The Lloyd’s Underwriters (Special Reserve Funds) Regulations 1999",
  "legislation_url": "https://openlegislation.uk/lloyds-underwriters-special-reserve-funds-regulations-1999",
  "path": "regulation/3",
  "kind": "regulation",
  "number": "3",
  "heading": "Amendments to and modifications of Schedule 20",
  "text": "In paragraph 6(2) of Schedule 20—\n(a) for the words “of the fund as so determined in respect” there shall be substituted the words “(determined under sub-paragraph (1) above) of the fund as at the end”;\n(b) for paragraph (a) the following paragraph shall be substituted—\n“(a) the higher of—\n(i) the member’s overall premium limit for that year, and\n(ii) his overall premium limit for the immediately preceding year; or”;\n(c) in paragraph (b) for the words “that year” there shall be substituted the words “either of those years”.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1999/3308/regulation/3",
    "retrieved_at": "2026-10-29T09:32:33.409866+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."
}