The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018

Activities carried on by a provider of relevant goods or services – exclusionsU.K.

This section has no associated Explanatory Memorandum

6.  In article 72B(1) (activities carried on by a provider of relevant goods or services)(1)—

(a)in the definition of “connected contract of insurance”—

(i)omit paragraph (b);

(ii)for paragraph (c), substitute—

(c)has a premium of—

(i)600 euro or less (calculated on a pro rata annual basis), or

(ii)where the insurance is complementary to a service being provided by the provider and the duration of that service is equal to or less than three months, 200 euro or less,

or equivalent amounts of sterling or another currency;;

(iii)at the end of paragraph (d)(i), omit “or”;

(iv)after paragraph (d)(i), insert—

(ia)the non-use of services supplied by the provider; or;

(v)at the end of paragraph (e), add “and”;

(vi)omit paragraph (g) and the “and” immediately preceding it; and

(b)in the definition of “provider”, for “non-motor goods”, substitute “non-motor goods or services”.

Commencement Information

I1Art. 6 in force at 23.5.2018 for specified purposes, see art. 1(2)(a)

I2Art. 6 in force at 1.10.2018 in so far as not already in force, see art. 1(2)(b)

(1)

Article 72B was inserted by S.I. 2003/1476. Paragraph (1) was amended by S.I. 2007/3510, S.I. 2011/1265 and S.I. 2013/1881.