This section has no associated Explanatory Notes
9After section 835J insert—
“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.”