Yn ddilys o 01/07/1994
Textual Amendments
F1Sch. 2G inserted (1.7.1994) by S.I. 1994/1696, reg. 46(2), Sch. 7
Modifications etc. (not altering text)
C1Sch. 2G: Power to contract out functions conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para. 61
12(1)A UK insurer commits an offence if—
(a)it carries on insurance business in a member State other than the United Kingdom in contravention of paragraph 1 above;
(b)in contravention of paragraph 2 or 3 above, it changes the requisite EC details or, as the case may be, the requisite UK details of a branch established by it in such a member State;
(c)it provides insurance in such a member State in contravention of paragraph 5 above;
(d)in contravention of paragraph 6 above, it changes the requisite details relating to the provision of insurance in such a member State; or
(e)it makes default in complying with, or with a requirement imposed under, any other provision of this Schedule.
(2)A person commits an offence if he causes or permits to be included in a notification sent to the Secretary of State under paragraph 1, 2, 3, 5 or 6 above a statement which he knows to be false in a material particular or recklessly causes or permits to be so included a statement which is false in a material particular.
(3)A person committing an offence under this paragraph is liable on summary conviction to a fine not exceeding level 5 on the standard scale.