{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-72B",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001/article-72B.json",
  "legislation": "uksi/2001/544",
  "legislation_title": "The Financial Services and Markets Act 2000 (Regulated Activities) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-regulated-activities-order-2001",
  "path": "article/72B",
  "kind": "article",
  "number": "72B",
  "heading": "Activities carried on by a provider of relevant goods or services",
  "text": "(1) In this article—\n“connected contract of insurance” means a contract of insurance which—\n(a)is not a contract of long-term insurance;\n(b). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n(c)has a premium of—\n(i)£500 or less (calculated on a pro rata annual basis), or\n(ii)where the insurance is complementary to a service being provided by the provider and the duration of that service is equal to or less than three months, £175 or less,\nor equivalent amounts of ... another currency;\n(d)covers the risk of—\n(i)breakdown, loss of, or damage to, non-motor goods supplied by the provider; ...\n(ia)the non-use of services supplied by the provider; or\n(ii)damage to, or loss of, baggage and other risks linked to the travel booked with the provider (“travel risks”) in circumstances where—\n(aa)the travel booked with the provider relates to attendance at an event organised or managed by that provider and the party seeking insurance is not an individual (acting in his private capacity) or a small business; or\n(bb)the travel booked with the provider is only the hire of an aircraft, vehicle or vessel which does not provide sleeping accommodation;\n(e)does not cover any liability risks (except, in the case of a contract which covers travel risks, where that cover is ancillary to the main cover provided by the contract); and\n(f)is complementary to the non-motor goods being supplied or service being provided by the provider; ...\n(g). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\n“non-motor goods” means goods which are not mechanically propelled road vehicles;\n“provider” means a person who supplies non-motor goods or services or provides services related to travel in the course of carrying on a profession or business which does not otherwise consist of the carrying on of regulated activities. For these purposes, the transfer of possession of an aircraft, vehicle or vessel under an agreement for hire which is not—\n(a)a hire-purchase agreement ... , or\n(b)any other agreement which contemplates that the property in those goods will also pass at some time in the future,\nis the provision of a service related to travel, not a supply of goods;\n“small business” means—\n(a)subject to paragraph (b) a sole trader, body corporate, partnership or an unincorporated association which had a turnover in the last financial year of less than £1,000,000;\n(b)where the business concerned is a member of a group within the meaning of section 474(1) of the Companies Act 2006, reference to its turnover means the combined turnover of the group;\n“turnover” means the amounts derived from the provision of goods and services falling within the business’s ordinary activities, after deduction of trade discounts, value added tax and any other taxes based on the amounts so derived.\n(2) There is excluded from article 21 any transaction for the sale or purchase of a connected contract of insurance into which a provider enters as agent.\n(3) There are excluded from article 25(1) and (2) any arrangements made by a provider for, or with a view to, a transaction for the sale or purchase of a connected contract of insurance.\n(4) There is excluded from article 39A any activity carried on by a provider where the contract of insurance in question is a connected contract of insurance.\n(5) There is excluded from articles 53 and 55A the giving of advice or the provision of targeted support by a provider in relation to a transaction for the sale or purchase of a connected contract of insurance.\n(6) For the purposes of this article, a contract of insurance which covers travel risks is not to be treated as a contract of long-term insurance, notwithstanding the fact that it contains related and subsidiary provisions such that it might be regarded as a contract of long-term insurance, if the cover to which those provisions relate is ancillary to the main cover provided by the contract.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Arts. 72B-72D inserted (31.10.2004 for specified purposes, 14.1.2005 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2003 (S.I. 2003/1476), arts. 1(3), 11"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Words in art. 72B(1) omitted (1.10.2018) by virtue of The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(i)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in art. 72B(1) substituted (1.10.2018) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(ii)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Sum in art. 72B(1) substituted (1.1.2025) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Regulations 2024 (S.I. 2024/1239), regs. 1(2), 5(4)(a)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Sum in art. 72B(1) substituted (1.1.2025) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Regulations 2024 (S.I. 2024/1239), regs. 1(2), 5(4)(b)"
    },
    {
      "type": "F",
      "label": "F6",
      "text": "Words in art. 72B(1) omitted (1.1.2025) by virtue of The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Regulations 2024 (S.I. 2024/1239), regs. 1(2), 5(4)(c)"
    },
    {
      "type": "F",
      "label": "F7",
      "text": "Word in art. 72B(1) omitted (1.10.2018) by virtue of The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(iii)"
    },
    {
      "type": "F",
      "label": "F8",
      "text": "Words in art. 72B(1) inserted (1.10.2018) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(iv)"
    },
    {
      "type": "F",
      "label": "F9",
      "text": "Words in art. 72B(1) substituted (30.6.2008 for specified purposes, 1.1.2009 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2007 (S.I. 2007/3510), arts. 1(2), 2(2) (with regs. 3-9)"
    },
    {
      "type": "F",
      "label": "F10",
      "text": "Word in art. 72B(1) added (1.10.2018) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(v)"
    },
    {
      "type": "F",
      "label": "F11",
      "text": "Words in art. 72B(1) omitted (1.10.2018) by virtue of The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(a)(vi)"
    },
    {
      "type": "F",
      "label": "F12",
      "text": "Words in art. 72B(1) substituted (1.10.2018) by The Insurance Distribution (Regulated Activities and Miscellaneous Amendments) Order 2018 (S.I. 2018/546), arts. 1(2), 6(b)"
    },
    {
      "type": "F",
      "label": "F13",
      "text": "Words in art. 72B(1) inserted (30.6.2008 for specified purposes, 1.1.2009 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No. 2) Order 2007 (S.I. 2007/3510), arts. 1(2), 2(3) (with regs. 3-9)"
    },
    {
      "type": "F",
      "label": "F14",
      "text": "Words in art. 72B(1) omitted (26.7.2013 for specified purposes, 1.4.2014 in so far as not already in force) by virtue of The Financial Services and Markets Act 2000 (Regulated Activities) (Amendment) (No.2) Order 2013 (S.I. 2013/1881), art. 1(2)(6), 9(1)"
    },
    {
      "type": "F",
      "label": "F15",
      "text": "Words in art. 72B(1) substituted (12.5.2011) by The Companies Act 2006 (Consequential Amendments and Transitional Provisions) Order 2011 (S.I. 2011/1265), arts. 1(2), 13(5)"
    },
    {
      "type": "F",
      "label": "F16",
      "text": "Words in art. 72B(5) substituted (23.2.2026 for specified purposes, 6.4.2026 in so far as not already in force) by The Financial Services and Markets Act 2000 (Regulated Activities) (Providing Targeted Support) (Amendment) Order 2026 (S.I. 2026/74), art. 1(2)(3), Sch. para. 1(12)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/544/article/72B",
    "retrieved_at": "2026-10-29T08:01:12.377334+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}