# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 367: Insurance against liability for employees: meaning of authorised insurer

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

(1) Article 5 of the Employers' Liability (Defective Equipment and Compulsory Insurance) (Northern Ireland) Order 1972 (insurance against liability for employees) is amended as follows.
(2) In paragraph (3), for sub-paragraph (b) substitute—
“(b) “authorised insurer” means—
(i) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of insurance;
(ii) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12 of that Schedule) to effect or carry out contracts of insurance; or
(iii) a person who does not fall within sub-paragraph (i) or (ii) and who may lawfully effect or carry out contracts of insurance in a member State other than the United Kingdom;”.
(3) After that paragraph insert—
“(3A) Paragraph (3)(b) must be read with—
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.”.

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Source: https://www.legislation.gov.uk/uksi/2001/3649/article/367 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-367
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.