Schedule 2 to the Insurance Accounts Directive (Lloyd’s Syndicate and Aggregate Accounts) Regulations 2008 [S.I. 2008/1950.] is amended as follows -

(a) in paragraph 2(6), for "paragraph 3(j)" substitute "paragraph 3(1)(h)";

(b) for paragraph 3(1) substitute -

"(1) The types of service in respect of which disclosure is required are -

(a) either -

(i) the auditing of accounts of associates of the managing agent responsible for managing the syndicate, in the case of the syndicate’s annual accounts; or

(ii) the auditing of accounts of associates of the Society of Lloyd’s, in the case of the aggregate accounts;

(b) audit-related assurance services;

(c) taxation compliance services;

(d) all taxation advisory services not falling within paragraph (c);

(e) internal audit services;

(f) all assurance services not falling within paragraphs (a) to (e);