The Lloyd’s Underwriters (Special Reserve Funds) Regulations 1995
These Regulations make provision in relation to special reserve funds of underwriting members of Lloyd’s other than corporate members. Except where otherwise provided the Regulations have effect for the year of assessment 1992–93 and subsequent years of assessment. Authority for the retrospective effect of the Regulations is given by sections 182(4) and 184(3) of the Finance Act 1993.