private person

5(as defined in article 3 of the Financial Services and Markets Act 2000 (Rights of Action) Regulations 2000 (SI 2001/2256)):

1. (a) any individual, unless he suffers the loss in question in the course of carrying on:
   1. (i) any regulated activity; or
   1. (ii) any activity which would be a regulated activity apart from any exclusion made by article 72 of the Regulated Activities Order (Overseas persons); and
1. (b) any person who is not an individual, unless he suffers the loss in question in the course of carrying on business of any kind;

but not including a government, a local authority (in the United Kingdom or elsewhere) or an international organisation; for the purposes of (a), an individual who suffers loss in the course of effecting or carrying out contracts of insurance written at Lloyd's is not to be taken to suffer loss in the course of carrying on a regulated activity; in this definition:

1. (A) "government" means:
   1. (I) the government of the United Kingdom; or
   1. (II) the Scottish Administration; or
   1. (III) the Executive Committee of the Northern Ireland Assembly; or
   1. (IV) the National Assembly for Wales; or
   1. (V) the government of any country or territory outside the United Kingdom;
1. (B) "international organisation" means any international organisation the members of which include the United Kingdom or any other State;
1. (C) "local authority", in relation to the United Kingdom, means:
   1. (I) in England and Wales, a local authority as defined in the Local Government Act 1972, the Greater London Authority, the Common Council of the City of London or the Council of the Isles of Scilly;
   1. (II) in Scotland, a local authority as defined in the Local Government (Scotland) Act 1973; and
   1. (III) in Northern Ireland, a district council as defined in the Local Government Act (Northern Ireland) 1972.