LLM - Recent changes to this guidance


Below are details of the amendments that were published on 30 September 2008 (see the update index for all updates)


SectionDetails of update
IndexChange of address for feedback on the Lloyd’s Manual
LLM2190Update to explanation of RITC reflecting repeal of FA00/S107
LLM4020Update legislative references for Companies Act 2008
LLM4140Revised text on stop loss premiums (part moved to LLM4150)
LLM4150Revised text on stop loss insurance and update of examples
LLM4160Revised text on ‘member level’ quota share contracts
LLM6240New paragraph on stop loss premiums in relation to partnerships
LLM7040Double taxation relief and allocation of foreign tax – simplified approach
LLM8150Abolition of taper relief
LLM8190Introduction of entrepreneurs’ relief
LLM8205New paragraph on detail of entrepreneurs’ relief for Names
LLM8240Abolition of indexation and taper relief
GlossaryThe term ‘Commutation’ is added