s 94
In forceTrustee of designated security trust fund not to be treated as carrying on insurance business
Part VIILloyd’s
Division 7Miscellaneous
94 Trustee of designated security trust fund not to be treated as carrying on insurance business
To avoid doubt, the trustee of a designated security trust fund does not commit an offence against section 9 or 10 only because the trustee does an act in the capacity of trustee.
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