The Insurance (Lloyd's) Regulations 1997
1Citation and commencement
2Interpretation
3Financial Resources
4Statement of business by Council of Lloyd's
SCHEDULE 1[SCHEDULE 1A TO 1983 REGULATIONS]
1For the purposes of this Schedule, “syndicate” means a group...
2The prescribed surplus of a member of Lloyd’s shall be...
3The prescribed surplus of a member of Lloyd’s shall be...
4(1) For the purposes of those paragraphs—
5In Schedule 3 to the Insurance Companies Regulations 1994, for...
6After paragraph 2 of the said Schedule 3 insert— The aggregate arrived at under paragraph 2 above shall be...
7In paragraph 3 of the said Schedule 3, for the...
8For paragraph 5 of the said Schedule 3 there shall...
9Paragraphs 6 to 9 of the said Schedule 3 shall...
10After paragraph 12 of the said Schedule 3 insert— Where in applying paragraphs 10 to 12 above to any...
11After paragraph 4 of Schedule 4 to the Insurance Companies...
12For paragraph 5 of the said Schedule 4 there shall...
13Paragraphs 6 to 9 of the said Schedule 4 shall...
SCHEDULE 2[FORMS 6A AND 6B IN SCHEDULE 3 TO 1983 REGULATIONS]

1997 No. 686

INSURANCE

The Insurance (Lloyd's) Regulations 1997

Made

Laid before Parliament

Coming into force

The Secretary of State, in exercise of his powers under sections 84(1), 86, 90, 96(1) and 97 of the Insurance Companies Act 19821and of all other powers enabling him in that behalf, hereby makes the following Regulations:—