Providing funeral plan contractsU.K.
9.—(1) Entering as provider into a qualifying funeral plan contract is a controlled activity.
[F1(1A) Carrying out a qualifying funeral plan contract as provider is a controlled activity.]
(2) A “qualifying funeral plan contract” is a contract under which—
(a)a person (“the customer”) makes one or more payments to another person (“the provider”);
(b)the provider undertakes to provide, or to secure that another person provides, a funeral in the United Kingdom for the customer (or some other person who is living at the date when the contract is entered into) on his death; and
[F2(c)the provider is a person who carries on a regulated activity specified in article 59 of the Regulated Activities Order and includes a person who has assumed the undertaking referred to in article 59(2)(b) of that Order as a result of the novation, assignment or transfer by operation of law of an existing qualifying funeral plan contract.]
Textual Amendments
F1Sch. 1 para. 9(1A) inserted (28.1.2021 for specified purposes, 30.7.2022 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2021 (S.I. 2021/90), arts. 1(2)(3), 5(3)(a)
F2Sch. 1 para. 9(2)(c) substituted (28.1.2021 for specified purposes, 30.7.2022 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) Order 2021 (S.I. 2021/90), arts. 1(2)(3), 5(3)(b)