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Statutory Instruments

2007 No. 2403

financial services and markets

The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007

Made

14th August 2007

Laid before Parliament

15th August 2007

Coming into force

5th September 2007

The Treasury make the following Regulations in exercise of the powers conferred on them by sections 117, 417(1)( 1 ), 424(3) and 428(3) of the Financial Services and Markets Act 2000( 2 ):

Citation and commencement

1. These Regulations may be cited as the Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007 and come into force on 5th September 2007.

Amendment of the Financial Services and Markets Act 2000

2. —(1)The Financial Services and Markets Act 2000 is amended as follows.

(2) At the end of paragraph 6 of Schedule 12 (transfer schemes: interpretation), add—

“ (4) If the insurance relates to a vehicle dispatched from one EEA State to another, in respect of the period of 30 days beginning with the day on which the purchaser accepts delivery a reference to the EEA State in which a risk is situated is a reference to the State of destination (and not, as provided by sub-paragraph (3)(b), to the State of registration). ” .

Amendment of the Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001

3. —(1)The Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001( 3 ) are amended as follows.

(2) After paragraph (2) of regulation 2 (interpretation), insert—

“ (2A) If the contract of insurance relates to a vehicle dispatched from one EEA State to another, in respect of the period of 30 days beginning with the day on which the purchaser accepts delivery a reference to the EEA State in which a risk is situated is a reference to the State of destination (and not, as provided by paragraph (2)(b), to the State of registration). ” .

Claire Ward

Dave Watts

Two of the Lords Commissioners of Her Majesty’s Treasury

14th August 2007

( 1 )

See the definition of “prescribed”.

( 2 )

( 3 )

S.I. 2001/2635 .

1. Citation and commencement

2. Amendment of the Financial Services and Markets Act 2000

3. Amendment of the Financial Services and Markets Act 2000 (Law Applicable to Contracts of Insurance) Regulations 2001

Status: There are outstanding changes not yet made by the editorial team to The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007. Any changes that have already been made by the team appear in the content and are referenced with annotations.

The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007 (2007/2403)

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footnote	commentary	transitional and savings	in force status	related provisions	geo extent	insert/omit	source count	in force adj
I1	Reg. 1 in force at 5.9.2007, see reg. 1
I2	Reg. 2 in force at 5.9.2007, see reg. 1
I3	Reg. 3 in force at 5.9.2007, see reg. 1

Defined Term	Section/Article	ID	Scope of Application

Sort descending by Changed Legislation	Sort descending by Year and Number	Changed Provision	Type of effect	Sort descending by Affecting Legislation Title	Sort descending by Year and Number	Affecting Provision	Sort descending by Changes made to website text	Note
Changes that affect				Made by
The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	Regulations	power to modify conferred	Financial Services and Markets Act 2023	2023 c. 29	s. 3 Sch. 1 Pt. 2	Not yet
The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	Regulations	revoked	Financial Services and Markets Act 2023	2023 c. 29	Sch. 1 Pt. 2	Not yet

Sort descending by Changed Legislation	Sort descending by Year and Number	Changed Provision	Type of effect	Sort descending by Affecting Legislation Title	Sort descending by Year and Number	Affecting Provision	Sort descending by Changes made to website text	Note
Changes that affect				Made by
The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 1	coming into force	The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 1	Yes
The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 2	coming into force	The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 1	Yes
The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 3	coming into force	The Financial Services and Markets Act 2000 (Motor Insurance) Regulations 2007	2007 No. 2403	reg. 1	Yes

Status of changes to instrument text

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