Statutory Instruments

2005 No. 3338

INCOME TAX

CORPORATION TAX

The Lloyd’s Underwriters (Tax) Regulations 2005

Made

6th December 2005

Laid before the House of Commons

6th December 2005

Coming into force

27th December 2005

The Commissioners for Her Majesty’s Revenue and Customs, in exercise of the powers conferred by sections 182(1)(a) and (6) and 184(1) of the Finance Act 1993(1), sections 229(1)(a) and (2) and 230(1) of the Finance Act 1994(2), sections 132 and 133(2) of the Finance Act 1999(3) and section 45(11) and (12) of the Finance (No. 2) Act 2005(4), and now vested in them(5), make the following Regulations:

(1)

1993 c. 34; section 182(1)(a) was relevantly amended (and subsection (6) added) by section 45(2)and (3) of the Finance (No. 2) Act 2005 (c. 22).

(2)

1994 c. 9; section 229(1)(a) was relevantly amended (and subsection (2) added) by section 45(6)and (7) of the Finance (No. 2) Act 2005.

(3)

1999 c. 16.

(4)

2005 c. 22.

(5)

The functions of the Commissioners of Inland Revenue were transferred to the Commissioners for Her Majesty’s Revenue and Customs by section 5 of the Commissioners for Revenue and Customs Act 2005 (c. 11).