SCHEDULES

C1SCHEDULE 6 Threshold Conditions

Annotations:
Modifications etc. (not altering text)

Part III Additional Conditions

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1

If this paragraph applies to the person concerned, he must, for the purposes of such provisions of this Act as may be specified, satisfy specified additional conditions.

2

This paragraph applies to a person who—

a

has his head office outside the EEA; and

b

appears to the Authority to be seeking to carry on a regulated activity relating to insurance business.

3

“Specified” means specified in, or in accordance with, an order made by the Treasury.

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The Treasury may by order—

a

vary or remove any of the conditions set out in Parts I and II;

b

add to those conditions.