The Financial Services (Designated Countries and Territories) (Overseas Insurance Companies) Order 1993

Made8th May 1993

Laid before Parliament12th May 1993

Coming into force2nd June 1993

Whereas it appears to the Secretary of State that the law under which insurance companies are authorised and supervised in the State of Iowa affords adequate protection to policyholders and potential policyholders 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 19861 and of all other powers enabling him in that behalf, hereby makes the following Order: