1. In regulation 2 (interpretation) –
(a)in paragraph (2) (defined expressions) the following definitions are inserted in the appropriate places –
““approved additional voluntary contributions provider” means The Equitable Life Assurance Society or The Standard Life Assurance Company;”;
““insurance company” means –
a person who has permission under Part 4 of the Financial Services and Markets Act 2000(1) to effect or carry out contracts of long-term insurance, or
an EEA firm, as defined in paragraph 5 of Schedule 3 to that Act, which falls within sub-paragraph (d) of that paragraph and has permission under paragraph 15 of that Schedule to effect or carry out contracts of long-term insurances as a result of satisfying the establishment conditions, as defined in paragraph 13 of that Schedule;”;
(b)the definition of “the Society” in that paragraph is omitted; and
(c)after paragraph (3) there is inserted –
“(4) The definition of “insurance company” in paragraph (2) must be read with –
(a)section 22 of the Financial Services and Markets Act 2000,
(b)any relevant order under that section, and
(c)Schedule 2 to that Act.”.