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Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Regulations)

These Regulations implement the Assistance Directive (84/641/EEC) by amending the Insurance Companies Act 1982 and its subordinate legislation, to create a new general business class 18. This class comprises all types of benefits in-cash or in-kind insurance in which assistance is given to the policy holder. The exemption from authorisation and supervision already enjoyed by motoring associations in respect of some types of benefits-in-kind insurance is continued with some modification of the nature and extent of the benefits which may be provided.