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Statutory Instruments
FINANCIAL SERVICES
Made
8th March 1988
Laid before Parliament
11th March 1988
Coming into force
5th April 1988
Whereas it appears to the Secretary of State that the law under which insurance companies are authorised and supervised in Guernsey and the Isle of Man respectively affords adequate protection to policy holders and potential policy holders against the risk that the companies may be unable to meet their liabilities:
Now, therefore, the Secretary of State, in exercise of the powers conferred on him by section 130(3) and (4) of the Financial Services Act 1986(1) and of all other powers enabling him in that behalf, hereby makes the following Order:
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