Schedule 3 (Section 60) : Lloyd's security

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The security to be provided by or on behalf of Lloyd’s underwriters in accordance with section 60 shall be as follows:

 

1. Definition of "South African short-term insurance policy"

2. Security to be provided to Lloyd's South African Trust

3. By whom and manner in which security to be provided

4. Amount of security

5. Contributions and withdrawal of surplus

6. Investment of trust funds

7. Returns in respect of Lloyd's South African Trust

8. Transitional provisions