- Statutory Instrument 2001 No. 3542
The Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) (Amendment) Regulations 2001
© Crown Copyright 2001
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| Made | 1st November 2001 | ||
| Laid before Parliament | 1st November 2001 | ||
| Coming into force | 1st December 2001 |
The Treasury, in exercise of the powers conferred on them by sections 424(3), 417(1)[1] and 428(3) of the Financial Services and Markets Act 2000[2], hereby make the following Regulations:
Citation and commencement
1. These Regulations may be cited as the Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) (Amendment) Regulations 2001 and come into force on 1st December 2001.
Amendment of the Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001
2. In regulation 3 of the Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001[3], omit the word "and" at the end of paragraph (2)(c)(ii) and, for paragraph (2)(c)(iii), substitute -
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"
(iii) regulation 7(1) applies as if for the words "the 1990 Act is to be treated as applying", there were substituted "a court in any part of the United Kingdom must apply the general rules of private international law of that part of the United Kingdom concerning contractual obligations"; and
(iv) regulation 7(2) and (3) apply as if for the words "the 1990 Act is to be treated as applying" in each case, there were substituted the words "the general rules of private international law of that part of the United Kingdom concerning contractual obligations apply".".
Anne McGuire
John Heppell
Two of the Lords Commissioners of Her Majesty's Treasury
1st November 2001
(This note is not part of the Regulations)
These Regulations make certain drafting amendments to the Financial Services and Market Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001 (S.I. 2001/2635).
Notes:
[1] See the definition of "prescribed".back
ISBN 0 11 039139 X