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The Lloyd’s Underwriters (Tax) (1992–93 to 1996–97) Regulations 1995

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8.—(1) Subject to paragraph (2) below—

(a)tax charged by an assessment on the profits arising to a member from his underwriting business shall be payable on or before 31st January 1997, and

(b)tax charged by an assessment on syndicate gains shall be payable on or before 1st January 1996.

(2) Tax charged by an assessment made less than 30 days before, or made after, the date specified in sub-paragraph (a) or (b) of paragraph (1) above shall be payable at the expiration of a period of 30 days beginning with the date of the issue of the notice of assessment.

(3) This regulation shall have effect for the year of assessment 1992–93 only.

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