OpenLegislation

Paragraph 5 F1

United Kingdom

(1)

In the case of a contract involving two or more other parties, this Schedule shall have effect as if a separate contract were being or had been entered into by the insurer with each of those parties.

(2)

Paragraphs 1 and 2 of this Schedule shall not apply in relation to a contract unless the other party to the contract is habitually resident in the United Kingdom at the time when the contract is entered into.

(3)

In this paragraph 'other party’, in relation to a contract, means a party to the contract other than the insurer.

Annotations

Textual amendments

F1

Sch. 2E para. 5 inserted (30.12.1994) by S.I. 1994/3132, reg. 8(2)

Notes on the whole Act

Textual amendments

F1

Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(b)

Notes on Schedule [SCHEDULE 2E]

Textual amendments

F1

Sch 2E inserted (1.7.1994) by S.I. 1994/1696, reg. 40, Sch. 5

Notes on Part

Textual amendments

F1

Sch. 2E para. 5 and Heading inserted (30.12.1994) by S.I. 1994/3132, reg. 8(3)