Prospective
Particulars of businessU.K.
28.—(1) Subject to sub-paragraph (2) below, there must be disclosed as regards both general and long term business the total gross direct insurance premiums resulting from contracts concluded by the society:
(a)in the member State of its head office;
(b)in the other member States; and
(c)in other countries.
(2) Disclosure of any amount referred to in sub-paragraph (1) above would not be required if it does not exceed 5 per cent. of total gross premiums.
Commencement Information
I1Sch. 4 para. 28 in force at 1.9.1994, see reg. 1