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PART 6U.K.Exceptions and licences

[F1Exceptions relating to insurance and reinsurance servicesU.K.

31B.(1) The prohibition in regulation 15C (insurance and reinsurance services) is not contravened by—

(a)the provision of compulsory or third party insurance to an individual who is a national of Belarus, or to a body incorporated or constituted under the law of Belarus which is, located in the United Kingdom;

(b)the provision of insurance for a diplomatic mission or consular post of Belarus in the United Kingdom.

(2) The prohibition in regulation 15C, insofar as it prohibits the provision of insurance or reinsurance services to persons falling within paragraph (2)(d) of that regulation, is not contravened by the provision of insurance or reinsurance services to an individual falling within that paragraph, provided that the insurance or reinsurance is for that individual’s personal use.]