# The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001, Article 492: Meaning of “insurance company”

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

(1) Schedule C4 to the Local Government Pension Scheme Regulations 1995 is amended as follows.
(2) In paragraph 23 of that Schedule (supplemental) for the definition of “insurance company” substitute—
““insurance company” means—
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect or carry out contracts of long-term insurance, or
(b) 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 long-term insurance;”.
(3) After paragraph 23 insert—
“24 The definition of “insurance company” in paragraph 23 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/492 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-and-repeals-order-2001/article-492
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.