Section 275 | Insurance company

(1)In this Part “insurance company” means—

(a)a person who has permission under Part 4 of FISMA 2000 to effect or carry out contracts of long-term insurance, ...

(b)Repealed

(2)“Contracts of long-term insurance” means contracts which fall within Part 2 of Schedule 1 to the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (S.I. 2001/544).