64Meaning of “contract of insurance” and “contract of long-term insurance”U.K.
This section has no associated Explanatory Notes
For the purposes of this Part—
“contract of insurance” has the meaning given by article 3(1) of the FISMA (Regulated Activities) Order 2001, and
“contract of long-term insurance” means a contract which falls within Part 2 of Schedule 1 to that Order.