PART 2Amendments to the Act
CHAPTER 22Schedule 12 to the Act: transfer schemes: certificates
Paragraph 10 (insurance business transfers effected outside the United Kingdom)114.
In paragraph 10 (insurance business transfers effected outside the United Kingdom)—
(a)
in sub-paragraph (1) for “any of the conditions in sub-paragraphs (2), (3) or (4)” substitute “
the condition in sub-paragraph (4)
”
;
(b)
omit sub-paragraphs (2) and (3) M1;
(c)
in sub-paragraph (4) M2 for “a UK authorised person” to the end substitute “
a UK authorised person as defined in section 105(8)
”
.