# Financial Services and Markets Act 2000, Section 424: Insurance.


(1) In this Act, references to—
(a) contracts of insurance,
(b) reinsurance,
(c) contracts of long-term insurance,
(d) contracts of general insurance,
are to be read with section 22 and Schedule 2.
(2) In this Act “policy” and “policyholder”, in relation to a contract of insurance, have such meaning as the Treasury may by order specify.
(3) The law applicable to a contract of insurance, the effecting of which constitutes the carrying on of a regulated activity, is to be determined, if it is of a prescribed description, in accordance with regulations made by the Treasury.

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Source: https://www.legislation.gov.uk/ukpga/2000/8/section/424 (the official version)
Page: https://openlegislation.uk/financial-services-and-markets-act-2000/section-424
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.