835KLloyd’s agents

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.