The Financial Services and Markets Act 2000 (Transitional Provisions) (General Insurance Intermediaries) Order 2004

Citation, commencement and interpretation

1.—(1) This Order may be cited as the Financial Services and Markets Act 2000 (Transitional Provisions) (General Insurance Intermediaries) Order 2004.

(2) This Order comes into force—

(a) for the purposes of article 4, on 10th January 2005;

(b) for all other purposes, on 14th January 2005.

(3) In this Order—

“the Act” means the Financial Services and Markets Act 2000;

“an approved person” means a person in relation to whom the Authority has given its approval under section 59 of the Act;

“commencement” means 14th January 2005;

“contract of long-term care insurance” has the meaning given by the Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003(1);

“general insurance mediation activity” means any regulated activity of the kind specified by article 21, 25, 39A or 53 of the Regulated Activities Order(2), or article 64 of that Order so far as relevant to any such activity, which is carried on in relation to a contract of insurance which is not a qualifying contract of insurance or a contract of long-term care insurance;

“an interim approval” means an approval conferred by article 3;

“an interim permission” means a Part IV permission conferred by article 2;

“qualifying contract of insurance” has the meaning given by the Regulated Activities Order;

“the Regulated Activities Order” means the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001;

“the Tribunal” means the Financial Services and Markets Tribunal.

(1)

S.I. 2003/1476.

(2)

S.I. 2001/544. Article 39A was inserted by S.I. 2003/1476, art. 7.