Act repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 3(1)(b)

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

Sch. 2F inserted (1.7.1994) by S.I. 1994/1696, reg. 45(2), Sch. 6

Word in Sch. 2F para. 22 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 72 (with art. 7)

Word in Sch. 2F para. 22(1) substituted (5.1.1998) by S.I. 1997/2781, arts. 2(1)(c), 8, Sch. Pt. I para. 85(a)(i) (with art. 7)

Word in Sch. 2F para. 22(1) substituted (5.1.1998) by S.I. 1997/2781, arts. 2(1)(c), 8, Sch. Pt. I para. 85(a)(ii) (with art. 7)

Words in Sch. 2F para. 22(2) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 85(b) (with art. 7)

http://www.legislation.gov.uk/ukpga/1982/50/schedule/2F/part/II/crossheading/withdrawal-of-authorisationInsurance Companies Act 1982 (repealed)An Act to consolidate the Insurance Companies Acts 1974 and 1981.1982-11-01texttext/xmlenStatute Law Database2011-05-272001-12-01 SCHEDULESSCHEDULE 2F] RECOGNITION IN THE UNITED KINGDOM OF EC AND EFTA COMPANIESPART IIEFTA COMPANIES PROVIDING INSURANCE IN UNITED KINGDOM Withdrawal of authorisation221

Where an EFTA company is providing insurance in the United Kingdom and the Treasuryarenotified by the supervisory authority in the EEA State in which the establishment through which the insurance is provided, or the company’s head office, is situated that the authorisation of the company has been withdrawn in accordance with—

a

Article 22 of the first general insurance Directive, or

b

Article 26 of the first long term insurance Directive,

they may direct the company to cease to provide insurance, or insurance of any specified description, in the United Kingdom through all, or any specified, establishments.

2

After giving such a direction, the Treasury shall by notice in writing inform thecompany of their reasons for doing so.

3

A direction under this paragraph does not prevent the company from effecting a contract ofinsurance in pursuance of a term of a subsisting contract of insurance.

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Act repealed (1.12.2001) by
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,
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<ref href="http://www.legislation.gov.uk/id/ukpga/1982/50/schedule/2F">Sch. 2F</ref>
: Power to contract out certain functions conferred (18.11.1998) by
<ref href="http://www.legislation.gov.uk/id/uksi/1998/2842">S.I. 1998/2842</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1998/2842/article/2">arts. 2</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1998/2842/article/3">3</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1998/2842/schedule/part/I/paragraph/60">Sch. Pt. I para. 60</ref>
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<note class="commentary F" eId="c1484019">
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<ref href="http://www.legislation.gov.uk/id/ukpga/1982/50/schedule/2F">Sch. 2F</ref>
inserted (1.7.1994) by
<ref href="http://www.legislation.gov.uk/id/uksi/1994/1696">S.I. 1994/1696</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1994/1696/regulation/45/2">reg. 45(2)</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1994/1696/schedule/6">Sch. 6</ref>
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Word in
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<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781">S.I. 1997/2781</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/8">art. 8</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/schedule/part/I/paragraph/72">Sch. Pt. I para. 72</ref>
(with
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/7">art. 7</ref>
)
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Word in
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substituted (5.1.1998) by
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781">S.I. 1997/2781</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/2/1/c">arts. 2(1)(c)</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/8">8</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/schedule/part/I/paragraph/85/a/i">Sch. Pt. I para. 85(a)(i)</ref>
(with
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/7">art. 7</ref>
)
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<note class="commentary F" eId="c1484117">
<p>
Word in
<ref href="http://www.legislation.gov.uk/id/ukpga/1982/50/schedule/2F/paragraph/22/1">Sch. 2F para. 22(1)</ref>
substituted (5.1.1998) by
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781">S.I. 1997/2781</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/2/1/c">arts. 2(1)(c)</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/8">8</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/schedule/part/I/paragraph/85/a/ii">Sch. Pt. I para. 85(a)(ii)</ref>
(with
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/7">art. 7</ref>
)
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<note class="commentary F" eId="c1484119">
<p>
Words in
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<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781">S.I. 1997/2781</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/8">art. 8</ref>
,
<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/schedule/part/I/paragraph/85/b">Sch. Pt. I para. 85(b)</ref>
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<ref href="http://www.legislation.gov.uk/id/uksi/1997/2781/article/7">art. 7</ref>
)
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SCHEDULE 2F]
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RECOGNITION IN THE UNITED KINGDOM OF
<abbr class="Acronym" title="European Community">EC</abbr>
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COMPANIES
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<abbr class="Acronym" title="European Free Trade Area">EFTA</abbr>
COMPANIES PROVIDING INSURANCE IN UNITED KINGDOM
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Where an
<abbr class="Acronym" title="European Free Trade Area">EFTA</abbr>
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<abbr class="Acronym" title="European Economic Area">EEA</abbr>
State in which the establishment through which the insurance is provided, or the company’s head office, is situated that the authorisation of the company has been withdrawn in accordance with—
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they
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<num>3</num>
<content>
<p>A direction under this paragraph does not prevent the company from effecting a contract ofinsurance in pursuance of a term of a subsisting contract of insurance.</p>
</content>
</subparagraph>
</paragraph>
</hcontainer>
</part>
</hcontainer>
</hcontainer>
</portionBody>
</portion>
</akomaNtoso>