Directive 2012/23/EU of the European Parliament and of the CouncilShow full title

Directive 2012/23/EU of the European Parliament and of the Council of 12 September 2012 amending Directive 2009/138/EC (Solvency II) as regards the date for its transposition and the date of its application, and the date of repeal of certain Directives (Text with EEA relevance)

Article 1U.K.

Directive 2009/138/EC is hereby amended as follows:

1.

Article 309(1) is amended as follows:

(a)

in the first subparagraph, the date ‘31 October 2012’ is replaced by that of ‘30 June 2013’;

(b)

after the first subparagraph, the following subparagraph is inserted:

The laws, regulations and administrative provisions referred to in the first subparagraph shall apply from 1 January 2014.;

2.

in the first paragraph of Article 310, the date ‘1 November 2012’ is replaced by that of ‘1 January 2014’;

3.

in the second paragraph of Article 311, the date ‘1 November 2012’ is replaced by that of ‘1 January 2014’.