SCHEDULES

SCHEDULE 10 U.K. Stock lending arrangements and manufactured payments

Part I U.K. Stock lending

Premiums trust funds of Lloyd’s members U.K.

6 U.K.The following provisions of Chapter III of Part II of the M1 Finance Act 1993 and Chapter V of Part IV of the M2 Finance Act 1994 (Lloyd’s members) shall cease to have effect—

(a) section 174(4) and (5) and section 182(1)(ca)(i) of that Act of 1993 (stock lending arrangements applying to securities in the premiums trust funds of individual members); and

(b) section 222(4) and (5) and section 229(ca)(i) of that Act of 1994 (which makes corresponding provision for the premiums trust funds of corporate members).

Marginal Citations

M1 1993 c. 34.

M2 1994 c. 9.