(1) Article 72B of the Financial Services and Markets Act 2000 (Regulated Activities) Order 2001 (activities carried on by a provider of relevant goods or services) is amended as follows.
(2) For paragraph (1)(d)(ii) substitute -
"(ii) damage to, or loss of, baggage and other risks linked to the travel booked with the provider ("travel risks") in circumstances where -
(aa) the travel booked with the provider relates to attendance at an event organised or managed by that provider and the party seeking insurance is not an individual (acting in his private capacity) or a small business; or
(bb) the travel booked with the provider is only the hire of an aircraft, vehicle or vessel which does not provide sleeping accommodation".
(3) In paragraph (1) at the end of the definition of "provider" insert -
"For these purposes, the transfer of possession of an aircraft, vehicle or vessel under an agreement for hire which is not -
(a) a hire-purchase agreement within the meaning of section 189(1) o
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