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PART IIU.K. SPECIFIED ACTIVITIES

Chapter XVIIU.K.Exclusions Applying to Several Specified Kinds of Activity

[F1Information society servicesU.K.

72A.(1) There is excluded from this Part any activity consisting of the provision of an information society service from an EEA State other than the United Kingdom.

(2) The exclusion in paragraph (1) does not apply to the activity of effecting or carrying out a contract of insurance as principal, where—

(a)the activity is carried on by an undertaking which has received official authorisation in accordance with [F2Article 4 of the life assurance consolidation directive] or the first non-life insurance directive, and

(b)the insurance falls within the scope of any of the insurance directives.]