Regulation 4 Amendment of regulation 33
For regulation 33 (liability of insured persons: scope) substitute—
“33.This Part applies where an insurer who is a registrable person—
(a)does not have any business establishment or other fixed establishment in the United Kingdom, and
(b)is established in a country or territory in respect of which it appears to the Commissioners that the condition in section 65(1A) of the Act is met.”.