(1) Article 72D [Article 72D was inserted by S.I. 2003/1476.] (large risks contracts where risk situated outside the EEA) is amended as set out in paragraphs (2) to (4).

(2) In the heading, for "the EEA" substitute "the United Kingdom".

(3) In paragraph (1), for "an EEA State" substitute "the United Kingdom".

(4) In paragraph (4) omit "(within the meaning of the Seventh Company Law Directive)".

(5) In consequence of the amendments made by paragraphs (2) and (3), for "outside the EEA" substitute "outside the United Kingdom" in the following provisions -

(a) article 24 [Article 24 was amended by S.I. 2013/1476, 2013/1773 and 2014/366.];

(b) article 36(1) [Article 36 was inserted by S.I. 2003/1475 and was amended by S.I. 2003/1476, 2013/1773 and 2014/366.];

(c) article 39C [Article 39C was inserted by S.I. 2003/1476 and was amended by S.I. 2013/1773 and 2014/366.];