The Insurance Companies (Third Insurance Directives) Regulations 1994

Applicants from non-EEA States etc.

9.—(1) In subsections (1) and (4) of section 9 of the 1982 Act (applicants from outside the Community), for the words “whose head office is not in a member State” substitute the words “to which this section applies”.

(2) In subsection (2) of that section, for the words “member States”, in both places where they occur, substitute the words “EEA States”.

(3) In subsection (5) of that section, for the words “to an applicant whose head office is not in a member State” substitute the words “which is restricted to reinsurance business to an applicant to which this section applies”.

(4) For subsection (5A) of that section(1) substitute—

“(5A) An applicant is one to which this section applies if—

(a) its head office is not in an EEA State; and

(b) it is not an applicant to which section 8 above applies.”

(5) In subsection (6) of that section, the words from “In this section” to “except that” (which are superseded by regulation 50 below) shall cease to have effect.

(1)

Subsection (5A) was inserted by S.I. 1993/3127, reg. 2(3).