24(1)An EFTA company which intends to provide insurance through an establishment in the United Kingdom may apply to the Secretary of State for a certificate—
(a)indicating the classes of insurance which the company is authorised to carry on in the United Kingdom, and
(b)stating that the Secretary of State does not object to the company providing the insurance.
(2)If it appears to the Secretary of State that a certificate applied for under sub-paragraph (1) above ought to be issued, he shall issue the certificate accordingly.
(3)If the Secretary of State refuses to issue a certificate, he shall inform the company in writing of his decision and of the reasons for it.