Article 180 InterpretationI1

In regulation 2(1) of the Controlled Foreign Companies (Excluded Countries) Regulations 1998 (interpretation) in the definition of “insurance company” for the words from ““long-term business”” to “1982” substitute “the business of effecting or carrying out contracts which fall within Part I or II of Schedule 1 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001”.