Part 14Income tax liability: miscellaneous rules
F1Chapter 2BUK representative of non-UK resident
F2Persons who are not UK representatives
S. 835G and cross-heading inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 6 para. 5 (with Sch. 9 paras. 1-9, 22)
835KF3Lloyd'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.
Pt. 14 Ch. 2B inserted (with effect in accordance with s. 381(1) of the amending Act) by Taxation (International and Other Provisions) Act 2010 (c. 8), s. 381(1), Sch. 6 para. 1 (with Sch. 9 paras. 1-9, 22)