SCHEDULES
SCHEDULE 1 COMPENSATION PAYMENTS
PART I EXEMPTED PAYMENTS
5
F11
Any payment made to the injured person by anF1 insurer under the terms of any contract of insurance entered into between the injured person andF1 the insurer before—
a
the date on which the injured person first claims a listed benefit in consequence of the disease in question, or
b
the occurrence of the accident or injury in question.
F12
“Insurer” means—
a
a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of insurance; or
b
an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of insurance.
3
Sub-paragraph (2) must be read with—
a
section 22 of the Financial Services and Markets Act 2000;
b
any relevant order under that section; and
c
Schedule 2 to that Act.