PART 1Counter-Terrorism
CHAPTER 4Miscellaneous
21Terrorism reinsurance
1
Section 2 of the Reinsurance (Acts of Terrorism) Act 1993 (reinsurance arrangements to which the Act applies) is amended as follows.
2
In subsection (1)—
a
omit “and” at the end of paragraph (a);
b
after paragraph (b) insert
and
c
any loss which falls within subsection (1A);
3
After subsection (1) insert—
1A
Loss falls within this subsection if—
a
it results from interruption to business carried on in Great Britain, and
b
the interruption results from or is consequential upon acts of terrorism.