(1) Schedule 3 (EEA passport rights) is amended as follows.
(2) In paragraph 1(e) (the single market directives) [Paragraph 1(e) was inserted by S.I. 2003/1473. ], for "the insurance mediation directive" substitute "the insurance distribution directive".
(3) For paragraph 4A (the insurance mediation directive) [Paragraph 4A was inserted by S.I. 2003/1473. ] and the heading before it, substitute -
"The insurance distribution directive
4A. "The insurance distribution directive" means Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution (recast) [O.J. 2.2.2016 L 26/19.] as amended by Directive (EU) 2018/411 of the European Parliament and of the Council of 14 March 2018 [O.J. 19.3.2018 L 76/28.].".
(4) In paragraph 5 (EEA firm), for sub-paragraph (e) [Sub-paragraph (e) was inserted by S.I. 2003/1473.], substitute -
"(e) an insurance intermediary (as defined in Article 2.1(3) of the insurance distribution directive), an ancil