PART IIAMENDMENTS OF 1982 ACT
CHAPTER IRESTRICTION ON CARRYING ON INSURANCE BUSINESS
Applications for authorisation
Applicants from non-EEA States etc.9
1
In subsections (1) and (4) of section 9 of the 1982 Act (applicants from outside the Community), for the words “whose head office is not in a member State” substitute the words “to which this section applies”.
2
In subsection (2) of that section, for the words “member States”, in both places where they occur, substitute the words “EEA States”.
3
In subsection (5) of that section, for the words “to an applicant whose head office is not in a member State” substitute the words “which is restricted to reinsurance business to an applicant to which this section applies”.
4
For subsection (5A) of that section6 substitute—
5A
An applicant is one to which this section applies if—
a
its head office is not in an EEA State; and
b
it is not an applicant to which section 8 above applies.
5
In subsection (6) of that section, the words from “In this section” to “except that” (which are superseded by regulation 50 below) shall cease to have effect.