(1) This Order amends the Financial Services and Markets Act 2000 (Exemption) Order 2001 [S.I. 2001/1201; amended by S.I. 2001/3623, S.I. 2002/1310 and S.I. 2003/47.].

(2) In article 2 (interpretation), after the definition of "local authority", insert -

""non-qualifying contract of insurance" means a contract of insurance (within the meaning of the Regulated Activities Order) which is not a qualifying contract of insurance (within the meaning of that Order);".

(3) In article 5(1) (persons exempt in respect of particular regulated activities), after sub-paragraph (d), insert -

"(da) article 39A (assisting in the administration and performance of a contract of insurance);".

(4) In the Schedule to the Order -

(a) for paragraph 27 (Treasury Taskforce), substitute -

"27. Partnerships UK.";

(b) for paragraph 47 (local authorities), substitute -