PART IIAMENDMENTS OF 1982 ACT

CHAPTER IIREGULATION OF INSURANCE COMPANIES

Transfers of insurance business

Transfers of long term and general business28

1

For sections 49 to 52 of the 1982 Act15 (transfers of insurance business) substitute—

49Transfers of long term and general general business.

Schedule 2C to this Act shall have effect long term and with respect to transfers of business.

2

After Schedule 2B to that Act insert Schedule 3 to these Regulations (transfers of insurance business), as Schedule 2C.

3

This regulation does not apply in any case where an application is made under section 49 or 51 of that Act before 1st July 1994.