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The Solvency 2 Regulations 2015

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Terrorism Act 2000

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21.—(1) The Terrorism Act 2000(1) is amended as follows.

(2) In Schedule 3A (regulated sector and supervisory authorities)—

(a)in paragraph 1(1)(c) for “the Life Assurance Consolidation Directive” substitute “the Solvency 2 Directive”;

(b)in paragraph 3(1)—

(i)omit the following definition—

the Life Assurance Consolidation Directive;

(ii)insert at the appropriate place—

“the Solvency 2 Directive” means Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)..

(3) In paragraph 6(1)(i) of Schedule 6 (financial information) for “Article 4 or 51 of Directive 2002/83/EC of the European Parliament and of the Council of 5th November 2002 concerning life assurance” substitute “Article 14 or 162 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II)”.

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