(1) Article 2 of the Value Added Tax (Cars) Order 1992 (Interpretation) is amended as follows.
(2) The existing text is numbered paragraph (1).
(3) For the definition of "insurer" substitute -
(a) a person who has permission under Part 4 of the Financial Services and Markets Act 2000 to effect and carry out contracts of insurance against risks arising from loss of or damage to goods; or
(b) an EEA firm of the kind mentioned in paragraph 5(d) of Schedule 3 to that Act, which has permission under paragraph 15 of that Schedule (as a result of qualifying for authorisation under paragraph 12(1) of that Schedule) to effect and carry out in the United Kingdom contracts of insurance against risks arising from loss of or damage to goods;".
(4) After paragraph (1) insert -
"(2) The definition of "insurer" in paragraph (1) must be read with -
(a) section 22 of the Financial Services and Markets Act 2000;
(b) any relevant order under that section; and
(c) Schedule 2 to that Act.
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