SCHEDULES
F2C1SCHEDULE 2G RECOGNITION IN OTHER EEA STATES OF UK INSURERS
Annotations:
Amendments (Textual)
Modifications etc. (not altering text)
C1
Sch. 2G: Power to contract out functions conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para. 61
PART IUK INSURERS CARRYING ON BUSINESS ETC. IN OTHER MEMBER STATES
Requirement to notify cessation of insurance business etc.
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 F3Treasury 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.
Sch. 2G inserted (1.7.1994) by S.I. 1994/1696, reg. 46(2), Sch. 7