Paragraph 9

After section 835J insert—

“Lloyd's agents

835K

(1)

This section applies if—

(a)

a non-UK resident (“X”) is a member of Lloyd's, and

(b)

an amount within section 835E(2) arises to X from X's underwriting business.

(2)

A person who has been X's members' agent or the managing agent of the syndicate in question is not the UK representative of X in relation to the amount or to matters connected with the amount.

(3)

For the purposes of this section—

(a)

X is a member of Lloyd's if X is a member within the meaning of Chapter 3 of Part 2 of FA 1993, and

(b)

“members' agent” and “managing agent” are to be construed in accordance with section 184 of that Act.”