Schedule 12, Part III, paragraph 10(9)
FSMA 2000
Financial Services and Markets Act 2000 · United Kingdom
“Long-term policy” means a policy evidencing a contract which, if it had been effected by the transferee, would have constituted the carrying on of a regulated activity consisting of the effecting of contracts of long-term insurance.
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Source: legislation.gov.uk · retrieved 2026-09-04