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15.—(1) Where the person nominated as a tax representative—
(a)is an individual who—
(i)becomes bankrupt or in Scotland, whose estate is sequestered;
(ii)makes any arrangement or composition with their creditors generally; or
(iii)dies, or
(b)is a company or partnership which is dissolved or wound up,
the appointment ceases and the non-United Kingdom insurer must comply with paragraphs (2) and (3).
(2) The insurer must—
(a)nominate another person as tax representative;
(b)make an application under regulation 17 to be released from the requirement to nominate a tax representative; or
(c)make other arrangements with the Commissioners in accordance with regulation 18,
within the period of 3 months beginning with the date of the event in question.
(3) Where a nomination is made under paragraph (2)(a), that nomination must contain the information required by regulation 11 and the Commissioners must give their decision on the nomination in accordance with regulation 12.
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