# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 208: Transfer of engagements: long term business

Extent: E+W+S+N.I.

(1) In Schedule 15 to the Friendly Societies Act 1992, paragraph 15A is amended as follows.
(2) In sub-paragraph (1)(c)—
(a) for paragraph (ii) substitute—
“(ii) a UK firm which has an EEA right deriving from any of the insurance directives;”;
(b) for paragraph (iii) substitute—
“(iii) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to the Financial Services and Markets Act 2000;”;
(c) paragraph (iv) is repealed.
(3) For sub-paragraph (6), substitute—
“(6) In this paragraph “the relevant authority” means—
(a) if the transferee falls within paragraph (1)(c)(iii), its home state regulator;
(b) if the transferee falls within paragraph (1)(c)(v), the Authority or other supervisory body responsible for the supervision;
(c) in any other case, the Authority.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/208 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-208
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.