Version Superseded: 01/01/2016
Point in time view as at 01/02/2006. This version of this provision has been superseded.
There are currently no known outstanding effects for the The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, Section 11.
11.—(1) There is excluded from article 10(1) or (2) the effecting or carrying out of a contract of insurance by an EEA firm falling within paragraph 5(d) of Schedule 3 to the Act—
(a)other than through a branch in the United Kingdom; and
(b)pursuant to a Community co-insurance operation in which the firm is participating otherwise than as the leading insurer.
(2) In paragraph (1), “Community co-insurance operation" and “leading insurer" have the same meaning as in the Council Directive of 30 May 1978 on the co-ordination of laws, regulations and administrative provisions relating to Community co-insurance (No. 78/473/EEC) M1.
Marginal Citations
M1O.J. No. L151, 7.6.1978, p.25.
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