SCHEDULES
C1F2SCHEDULE 2F] RECOGNITION IN THE UNITED KINGDOM OF EC AND EFTA COMPANIES
Sch. 2F: Power to contract out certain functions conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para. 60
PART IEC COMPANIES CARRYING ON BUSINESS ETC. IN THE UNITED KINGDOM
Powers to obtain information
14
1
The powers conferred by section 44 above on the F3Treasury shall be exercisable in respect of an EC company by a person authorised by the supervisory authority in the company’s home State if—
a
the information to be requested by that person is necessary to enable the authority to perform its obligations in respect of the company under Article 19 of the first general insurance Directive or Article 23 of the first long term insurance Directive; and
b
the authority has notified the F3Treasury in writing of that person’s intention to exercise those powers.
2
An officer or agent of the F3Treasury may accompany a person so authorised while he is acting in the exercise of those powers.
Sch. 2F inserted (1.7.1994) by S.I. 1994/1696, reg. 45(2), Sch. 6