OpenLegislation

Regulation 18 Exclusions from regulations 13 to 17

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

(1)

Nothing in regulations 13 to 17 above shall apply to long term or general business carried on outside the European Community.

(2)

For the purposes of paragraph (1) above, the term “carried on”—

(a)

in relation to long term business, has the same meaning as the term “written in” has for the purposes of Article 17(3) of the first life Directive; and

(b)

in relation to general business, refers to general business where the risk is situated in a member State.