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Status:
Point in time view as at 20/05/1993. This version of this provision is not valid for this point in time.
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Changes to legislation:
Insurance Companies Act 1982 (repealed), Paragraph 8 is up to date with all changes known to be in force on or before 30 November 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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Valid from 01/07/1994
8(1)A UK insurer which has ceased—
(a)to carry on direct insurance business through a branch in a member State other than the United Kingdom; or
(b)to provide insurance in such a member State,
shall as soon as practicable notify the Secretary of State in writing that it has done so.
(2)Any insurance which is provided by the insurer participating in a Community co-insuranceoperation otherwise than as the leading insurer shall be disregarded for the purposes of this paragraph.
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