74 Reinsurance for acts of terrorism

74  Reinsurance for acts of terrorism

(1)     The Reinsurance (Acts of Terrorism) Act 1993 is amended as follows.

(2)     After section 2, insert—

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(1)     A relevant person must comply with any directions given to it by the Treasury under this section.

(2)     For the purposes of this section, a “relevant person” means—

(a)     a person who—

(i)     has entered into arrangements to which this Act applies (see section 2(1)) (whether before or after the passing of this Act), and

(ii)     has been classified as a public sector body by the Office for National Statistics (whether before

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