The Lloyd’s Underwriters (Tax) (1992–93 to 1996–97) Regulations 1995
These Regulations, which have effect for the years of assessment from 1992–93 to 1996–97 only, relate to underwriting members of Lloyd’s other than corporate members. They make provision for the assessment and collection of tax charged on underwriting members of Lloyd’s in accordance with section 171 of the Finance Act 1993 ( “section 171”) and section 207 of the Taxation of Chargeable Gains Act 1992 ( “section 207”). They also extend the meaning of “members' agent” in certain circumstances for the purposes of Schedule 19 to the Finance Act 1993 ( “Schedule 19”), and make provision for running-off syndicates and for the extension of time limits for making claims, elections or applications under specified provisions of 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.