SCHEDULE 1Amendments to primary legislation

PART 2Amendments to other primary legislation

Terrorism Act 200021

1

The Terrorism Act 2000 M1 is amended as follows.

2

In Schedule 3A (regulated sector and supervisory authorities)—

a

in paragraph 1(1)(c) for “the Life Assurance Consolidation Directive” substitute “ the Solvency 2 Directive ”;

b

in paragraph 3(1)—

i

omit the following definition—

  • the Life Assurance Consolidation Directive

ii

insert at the appropriate place—

“the Solvency 2 Directive” means Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II).

3

In paragraph 6(1)(i) of Schedule 6 (financial information) for “Article 4 or 51 of Directive 2002/83/EC of the European Parliament and of the Council of 5th November 2002 concerning life assurance” substitute “ Article 14 or 162 of Directive 2009/138/EC of the European Parliament and of the Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II) ”.