SCHEDULES

[F1 [SCHEDULE 13B TO 1992 ACT] U.K. RECOGNITION IN OTHER EEA STATES OF FRIENDLY SOCIETIES TO WHICH SECTION 37(2) OR (3) APPLIES]

Textual Amendments

F1 Sch. 13B inserted (1.9.1994) by S.I. 1994/1984 reg. 15(2), Sch. 2

PART II U.K. FRIENDLY SOCIETIES PROVIDING INSURANCE IN EFTA STATES

Notification to Commission U.K.

9 (1) Where a friendly society to which section 37(2) or (3) above applies intends to provide insurance in an EFTA State, it shall before doing so notify the Commission of its intention.

(2) The notification shall indicate–

(a) the EFTA State in which the insurance is to be provided;

(b) the EEA State in which the establishment through which the risks or commitments will be covered is situated (“the EEA State of establishment"); and

(c) the nature of the risks or commitments which the society proposes to cover.

(3) Where the society intends to provide insurance in more than one EFTA State, the information specified above may be contained in a single notification but must be set out separately in relation to each such State.

(4) Where–

(a) a friendly society to which section 37(2) or (3) above applies has duly notified the Commission of its intention to provide insurance in an EFTA State; and

(b) the society subsequently intends to extend its activities to risks or commitments the nature of which was not indicated in the notification,

it shall before doing so comply with sub-paragraphs (1) to (3) above in relation to those risks or commitments.