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The Solvency 2 Regulations 2015

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Competition Act 1998 (Determination of Turnover for Penalties) Order 2000

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10.  In paragraph 1 (interpretation) of Schedule 1 (applicable turnover) to the Competition Act 1998 (Determination of Turnover for Penalties) Order 2000(1) in the definition of “insurance undertaking” for the words from “the Annex to Council Directive (EEC) 73/239” to the end of the definition substitute “Article 2 of or Annex 1 to, or a reinsurance undertaking carrying on the business of reinsurance under Directive 2009/138/EC of the European Parliament and Council of 25 November 2009 on the taking-up and pursuit of the business of Insurance and Reinsurance (Solvency II);”.

(1)

S.I. 2000/309; relevant amending instruments are S.I. 2004/3379 and 2007/3253.

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