10.—(1) Nothing in this Order exempts from the application of the financial promotion restriction a communication which invites or induces a person to enter into a qualifying contract of insurance with a person who is not—
(a)an authorised person;
(b)an exempt person who is exempt in relation to effecting or carrying out contracts of insurance of the class to which the communication relates;
(c)a company which has its head office in an EEA State other than the United Kingdom and which is entitled under the law of that State to carry on there insurance business of the class to which the communication relates;
(d)a company which has a branch or agency in an EEA State other than the United Kingdom and is entitled under the law of that State to carry on there insurance business of the class to which the communication relates;
(e)a company authorised to carry on insurance business of the class to which the communication relates in any country or territory which is listed in Schedule 2.
(2) In this article, references to a class of insurance are references to the class of insurance contract described in Schedule 1 to the Regulated Activities Order into which the effecting or carrying out of the contract to which the communication relates would fall.