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22. The relevant data for a data-holder of the type described in paragraph 24 of Schedule 23 are—
(a)information and documents relating to contracts of insurance entered into in the course of an insurance business;
(b)if paragraph 24(b) or (c) applies, information and documents relating to the contracts of insurance.
Explanatory Memorandum sets out a brief statement of the purpose of a Statutory Instrument and provides information about its policy objective and policy implications. They aim to make the Statutory Instrument accessible to readers who are not legally qualified and accompany any Statutory Instrument or Draft Statutory Instrument laid before Parliament from June 2004 onwards.
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