{
  "url": "https://openlegislation.uk/lloyds-underwriters-tax-199293-to-199697-regulations-1995/regulation-2",
  "json_url": "https://openlegislation.uk/lloyds-underwriters-tax-199293-to-199697-regulations-1995/regulation-2.json",
  "legislation": "uksi/1995/352",
  "legislation_title": "The Lloyd’s Underwriters (Tax) (1992–93 to 1996–97) Regulations 1995",
  "legislation_url": "https://openlegislation.uk/lloyds-underwriters-tax-199293-to-199697-regulations-1995",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations unless the context otherwise requires—\n“the Board” means the Commissioners of Inland Revenue;\n“Management Act” means the Taxes Management Act 1970(c);\n“Schedule 19” means Schedule 19 to the Finance Act 1993;\n“syndicate gains” means the chargeable gains accruing to a member on the disposal of assets forming part of a premiums trust fund;\n“the Management Act and a) the Tax Acts, and b) the Taxation of Chargeable Gains Act 1992 and all other enactments relating to capital gains tax\">Taxes Acts” means the Management Act and\n(a) the Tax Acts, and\n(b) the Taxation of Chargeable Gains Act 1992 and all other enactments relating to capital gains tax.\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": "1970 c. 9."
    }
  ],
  "outstanding_effects": [
    {
      "type": "added",
      "affecting": "uksi/1996/782",
      "affecting_title": "The Lloyd’s Underwriters (Tax) (1992-93 to 1996-97) (Amendment) Regulations 1996"
    }
  ],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1995/352/regulation/2",
    "retrieved_at": "2026-10-29T13:16:34.843841+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."
}