Section 133I | Meaning of “insurance company”

(1)For the purposes of section 133F a person who carries on the activity of effecting or carrying out contracts of insurance is an “insurance company” if—

(a)the person has permission under Part 4A of FISMA 2000 to carry on that activity,

(b)Repealed

(c)Repealed

(2)In relation to times in the period beginning with 1 December 2001 and ending with 31 March 2013, the reference in subsection (1)(a) to Part 4A of FISMA 2000 is to be read as a reference to Part 4 of that Act

(3)In relation to times before 1 December 2001, this section has effect as if the following were substituted for subsection (1)—

(1)For the purposes of section 133F a person who carries on the activity of effecting or carrying out contracts of insurance is an “insurance company” if the person is—

(a)authorised under section 3 or 4 of the Insurance Companies Act 1982, or

(b)an EC company within the meaning of the Insurance Companies Act 1982 which, by virtue of paragraph 1 or 8 of Schedule 2F to that Act, was able to carry on direct insurance business through a branch in the United Kingdom or provide insurance in the United Kingdom.