Returns by members' agent
regulation 2B(5) of The Lloyd’s Underwriters (Schedule 19A to the Income and Corporation Taxes Act 1988) Regulations 1990
- Revoked
- Mixed — some elements strict, some not
- Tax, customs and excise
The provision has been revoked and no saving provision preserving liability for earlier conduct was found.
What the provision says
5 If the members' agent fraudulently or negligently delivers an incorrect return under sub-paragraph (1) above, he shall be liable to
a penalty not exceeding the prescribed amount multiplied by the number of members for whom he acts and in respect of whose returns there is such fraud or negligence; and in this sub-paragraph “the prescribed amount” means £3,000.
Text as made, from legislation.gov.uk. © Crown copyright, reused under the Open Government Licence v3.0. This is the text as originally made; later amendments are not shown here.
Who it binds, and what has to be proved
- Binds
- a person
- Conduct
- breaching the provision
- Fault element
- Mixed — some elements strict, some not
- Burden of proof
- No statutory defence — prosecution proves everything
The prosecution must prove the conduct, and - for those elements the provision qualifies (fraudulently) - the state of mind it names. The remaining elements carry no fault requirement, so they are strict.
The provision states no defence, so the prosecution bears the burden on every element of the offence.
Classifier’s reasoning: both a mens rea word and an objective standard appear in the offence itself.
What would breach regulation 2B(5)?
These are illustrations, not law. They are generated from the provision’s own words to show the shape of the offence. Whether any particular conduct is caught depends on the full text, on any amendment since, and on the facts.
- Doing what the provision prohibits, or failing to do what it requires under the Lloyd’s Underwriters (Schedule 19A to the Income and Corporation Taxes Act 1988) Regulations 1990.
Penalty
- Mode of trial
- Not determined
- Maximum fine
- £3,000
- Maximum prison (summary)
- Not determined
Sentencing
Offences of this kind are usually sentenced under the guidelines below. This is a mapping by subject, not a finding about this provision, and the links go to a search of the Sentencing Council’s own site.
-
Fraud, bribery and money laundering offences: definitive guideline
Magistrates' courts and the Crown Court in England and Wales · in force from 1 October 2014
Covers fraud, false accounting, bribery and money laundering, including offences committed by organisations.
-
Reduction in sentence for a guilty plea: definitive guideline
All courts in England and Wales · in force from 1 June 2017
The sliding scale of credit for pleading guilty, from one third at the first stage of proceedings downwards.
-
General guideline: overarching principles
All courts in England and Wales · in force from 1 October 2019
The guideline a court uses when there is no offence-specific guideline, which is the position for the overwhelming majority of offences created by statutory instrument. It sets out how culpability and harm are assessed from first principles.
-
Totality: definitive guideline
All courts in England and Wales
How to sentence more than one offence at once so that the total is just and proportionate - frequently in point here, because regulatory prosecutions commonly charge several breaches of the same instrument.
Prosecution figures
No published per-offence figure was found for this provision, and it could not be matched to a Ministry of Justice offence code. Offences created by statutory instrument very largely do not have one. Absence of a figure is not evidence that the offence is unused.
Status and lifecycle
- Current status
- Revoked
- Revoked by
- The Lloyd’s Underwriters (Tax) Regulations 1995
- Revoked on
- 9 March 1995
- Made
- 12 December 1990
- In force from
- 2 January 1991
- Extent
- Not stated
How this was established: the instrument was revoked by a later instrument found in this corpus.
What the instrument is for
(This note is not part of the Regulations) — the explanatory note published with the instrument, © Crown copyright.
These Regulations, which have effect for the year of assessment 1988—89 and for subsequent years of assessment, amend Schedule 19A to the Income and Corporation Taxes Act 1988 (“Schedule 19A”) in the light of changes in the rules and practice of Lloyd’s since that Schedule was enacted. Schedule 19A has effect with respect to the assessment and collection of tax charged under Case I of Schedule D on underwriting members of Lloyd’s in accordance with section 450 of that Act. The amendments to Schedule 19A take account of changes in the rules and practices of Lloyd’s which assign different roles to managing agents (acting on behalf of syndicates) and members' agents (acting on behalf of individual underwriters). Regulation 1 provides for citation, commencement and effect and regulation 2 contains definitions. Regulation 3 amends existing provisions of Schedule 19A. Regulations 4 and 5 insert new paragraphs into Schedule 19A. These new paragraphs provide for managing agents to claim repayment of tax deducted from syndicate investment income and to distribute those tax repayments to members' agents; for members' agents to make returns of member’s profits and losses; for members' agents to make payments of tax on the member’s profit on account of the member’s liability to tax; and for assessments to be made on the members' agent if an inspector considers that the member’s profit may have been understated. Authority for the retrospective effect of these Regulations is given by section 451(1A) of the Income and Corporation Taxes Act 1988.
Read the full note and every offence in this instrument
Other offences in the same instrument
- Returns by managing agentregulation 2(3)
- Returns by managing agentregulation 2(4)
- Returns by members' agentregulation 2B(4)
How this was identified as an offence
Everything above rests on the judgement that this provision creates a criminal offence, rather than mentioning one. That judgement is made by rule, from the words of the provision, and this is the rule that made it — with a confidence of 0.68.
- Basis
- the provision states a penalty in older drafting
- Confidence
- 0.68 of 1.00
A provision that states a penalty for an offence created elsewhere can read very like one that creates an offence, and the rules can mistake the one for the other. If the text quoted above sets a penalty for something made an offence by another provision, treat the classification on this page with that in mind, and read the instrument.
Check the source
- This provision on legislation.gov.uk The authoritative text. Check it before relying on anything here.
- The Lloyd’s Underwriters (Schedule 19A to the Income and Corporation Taxes Act 1988) Regulations 1990 Every offence this instrument creates, and its explanatory note
- Tax, customs and exciseOther offences on the same subject
- Offences created in 1990