Finance Act 2012 (c. 14)

PART 2 Insurance companies carrying on long-term business

CHAPTER 1 Introductory

Meaning of contract of “insurance” or “long-term insurance” and “insurance company”

64 Meaning of “contract of insurance” and “contract of long-term insurance”

For the purposes of this Part—

• “contract of insurance” has the meaning given by article 3(1) of the FISMA (Regulated Activities) Order 2001, and

• “contract of long-term insurance” means a contract which falls within Part 2 of Schedule 1 to that Order.