Paragraph 3

In paragraph 2 of this article—

(a)

in sub-paragraph (j) the reference to “contracts of insurance” must be construed in accordance with—

(i)

section 22 of the Financial Services and Markets Act 2000 (classes of regulated activity and categories of investment);

(ii)

any relevant order under that section; and

(iii)

Schedule 2 to that Act (regulated activities);

(b)

in sub-paragraph (1) “EEA State” means a State, other than the United Kingdom, which is a contracting party to the agreement on the European Economic Area signed at Oporto on 2 May 1992.