(1) These Regulations may be cited as the Financial Services and Markets Act 2000 (Appointed Representatives) Regulations 2001, and come into force on the day on which section 19 of the Act comes into force.
(2) In these Regulations -
"buy", "sell", "security", "contract of insurance", "qualifying contract of insurance", "relevant investment" and "structured deposit" have the same meaning as in the Regulated Activities Order;
"contract of long-term care insurance" means a contract of insurance in respect of which the following conditions are met - (a) the purpose (or one of the purposes) of the policy is to protect the policyholder against the risk of becoming unable to live independently without assistance in consequence of a deterioration of mental or physical health, injury, sickness or other infirmity; (b) benefits under the contract are payable in respect of - (i) services, (ii) accommodation, or (iii) goods, which are (or which is) necessary or desirable due
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