Regulation 1 Citation, commencement and effect

These Regulations may be cited as the Lloyd’s Underwriters (Tax) Regulations 1989 and shall come into force on 6th April 1989 but shall have effect for the year of assessment 1986–87 only.

Except for regulations 2, 3, 7 and 21(1) to (3), the Lloyd’s Underwriters (Tax) Regulations 1974^f1shall not have effect for the year of assessment 1986–87.