SCHEDULE 1Amendments to the Act

Amendments to section 198 of the Act

3.

In section 198 (power to apply to court for injunction in respect of certain overseas insurance companies)—

(a)

at the end of subsection (1)(a) omit “or”;

(b)

at the end of subsection (1)(b)9 insert—

“; or

(c)

Article 42.4 of the reinsurance directive”.