# The Financial Services and Markets Act 2000 (Consequential Amendments) Order 2002, Article 18: Meaning of “qualifying lender”


(1) Section 13A of the Social Security Administration (Northern Ireland) Act 1992 is amended as follows.
(2) In subsection (3)—
(a) for paragraph (a) substitute—
“(a) a deposit taker;”;
(b) paragraph (b) is repealed; and
(c) for paragraph (c) substitute—
“(c) an insurer;”.
(3) In subsection (4), before the definition of “mortgage interest” insert—
““deposit taker” means—
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to accept deposits, or
(b) an EEA firm of the kind mentioned in paragraph 5(b) 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 accept deposits;
“insurer” 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 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 insurance;”.
(4) After subsection (4) insert—
“(4A) The definitions of “deposit taker” and “insurer” in subsection (4) 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.”.

---
Source: https://www.legislation.gov.uk/uksi/2002/1555/article/18 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000-consequential-amendments-order-2002/article-18
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.