Part 2Amendment of primary legislation
Amendment of the Proceeds of Crime Act 20023.
In Schedule 9 (regulated sector and supervisory authorities) to the Proceeds of Crime Act 20026—
(a)
in paragraph 1(1), for paragraph (f), substitute—
“(f)
the activities of an insurance intermediary as defined in article 33B(4) of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, in respect of contracts of long-term insurance within the meaning given by article 3(1) of, and Part II of Schedule 1 to, that Order;”;
(b)
in paragraph 3(1), omit the definition of “the Insurance Distribution Directive”.