{
  "url": "https://openlegislation.uk/lloyds-underwriters-tax-regulations-2005/regulation-2",
  "json_url": "https://openlegislation.uk/lloyds-underwriters-tax-regulations-2005/regulation-2.json",
  "legislation": "uksi/2005/3338",
  "legislation_title": "The Lloyd’s Underwriters (Tax) Regulations 2005",
  "legislation_url": "https://openlegislation.uk/lloyds-underwriters-tax-regulations-2005",
  "path": "regulation/2",
  "kind": "regulation",
  "number": "2",
  "heading": "Interpretation",
  "text": "(1) In these Regulations—\n“the Commissioners” means the Commissioners for Her Majesty’s Revenue and Customs;\n“managing agent”, in relation to a syndicate and an underwriting year, means—\n(a) the person registered as a managing agent at Lloyd’s who is currently acting as such managing agent, or\n(b) such person who has previously acted as managing agent in relation to that syndicate and underwriting year, as the Commissioners may determine;”\n“the Management Act” means the Taxes Management Act 1970;\n“notice” has the meaning in section 832(1) of the Taxes Act;\n“Schedule 18” means Schedule 18 to the Finance Act 1998;\n“the Taxes Act” means the Income and Corporation Taxes Act 1988.\n(2) In relation to members who are individuals, other expressions which are defined in Chapter 3 of Part 2 of the Finance Act 1993 have those defined meanings.\n(3) In relation to corporate members, other expressions which are defined in Chapter 5 of Part 4 of the Finance Act 1994 have those defined meanings.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "1970 c. 9."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "1988 c. 1."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "1998 c. 36."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2005/3338/regulation/2",
    "retrieved_at": "2026-10-29T04:41:38.440655+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."
}