InterpretationI14

The conditions referred to in article 3 are—

a

that the scheme results in the business transferred being carried on from an establishment of the transferee in an EEA State;

F1b

that the Council of Lloyd’s has—

i

by resolution authorised one person to act, or

ii

certified that one person has authority to act,

in connection with the transfer for the members concerned, as transferor;

F2c

that a copy of the resolution or the certificate has been give to the Authority.