The Investor Compensation Act 1998 is amended -
(a) in the definition of "authorised investment firm" in section 2(1), by substituting the following for paragraph (b):
"(b) an authorised investment firm as defined in the European Communities (Markets in Financial Instruments) Regulations 2007 (S.I. No. 60 of 2007), or",
(b) in section 2(1), by deleting the definition of "authorised member firm";
(c) in section 2(1), by substituting the following for the definition of "client":
"' client ' means a person -
(a) to whom an investment firm provides investment business services, or
(b) who has entrusted money or investment instruments to an investment firm in connection with the provision of investment business services by the firm;";
(d) in section 2(1), by substituting the following for the definition of "insurance intermediary":
"' insurance intermediary ' means a registered insurance intermediary within the meaning of the European Communities (Insurance Mediation) Regulations 2005, but
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