C1C2SCHEDULE 1 CONTRACTS OF INSURANCE
Annotations:
Modifications etc. (not altering text)
C2
Sch. 1 applied in part (1.12.2001) by The Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (S.I. 2001/1335), art. 25(2), reg. 1(2); S.I. 2001/3538, art. 2(1)
PART I CONTRACTS OF GENERAL INSURANCE
Suretyship15
1
Contracts of insurance against the risks of loss to the persons insured arising from their having to perform contracts of guarantee entered into by them.
2
Fidelity bonds, performance bonds, administration bonds, bail bonds or customs bonds or similar contracts of guarantee, where these are—
a
effected or carried out by a person not carrying on a banking business;
b
not effected merely incidentally to some other business carried on by the person effecting them; and
c
effected in return for the payment of one or more premiums.
Sch. 1 applied in part (1.12.2001) by The Financial Services and Markets Act 2000 (Financial Promotion) Order 2001 (S.I. 2001/1335), art. 10(2), reg. 1(2); S.I. 2001/3538, art. 2(1)