Taxation of Chargeable Gains Act 1992 section 209

Interpretation, regulations about underwriters etc.

Section 209 provided definitions and regulation-making powers relating to Lloyd's underwriters for capital gains tax purposes, but has been entirely repealed.

• Section 209 originally dealt with interpretation and regulations concerning Lloyd's underwriters and their chargeable gains.
• The section was repealed in full by the Finance Act 1993.
• The repeal was part of a wider restructuring of the tax treatment of Lloyd's underwriters introduced by the Finance Act 1993.
• As a repealed provision, section 209 no longer has any legal effect.