xmlns:atom="http://www.w3.org/2005/Atom" xmlns:atom="http://www.w3.org/2005/Atom"
47. In Part 1 (introduction), in regulation 2(4)(a) (interpretation)(1)—
(a)for “is excluded” substitute “would be excluded”;
(b)after “that Directive,” insert “were the United Kingdom a member State”.
Regulation 2(4)(a) was amended by paragraph 27(2)(a) of Schedule 2 to the Solvency 2 Regulations 2015 (S.I. 2015/575).