The term 'aircraft' is not defined in the Civil Aviation Act 1982 or the Air Navigation Order 20161, but the latter contains a table setting out a general classification of aircraft2, where certain expressions are defined3. According to this classification, aircraft are either lighter than air aircraft or heavier than air aircraft4. 'Lighter than air aircraft' include non-power driven aircraft (that is, free and captive balloons
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The Financial Conduct Authority Handbook (FCA Handbook) includes sourcebooks to regulate the conduct of business by a regulated firm relevant to insurers: the Conduct of Business Sourcebook (COBS) and the Insurance Conduct of Business Sourcebook (ICOBS). This Practice Note considers how these
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