Version date: 17 December 2009 - onwards
    Version 1 of 1    

Recitals

The European Parliament and the Council of the European Union,

Having regard to the Treaty establishing the European Community, and in particular Article 47(2) and Article 55 thereof,

Having regard to the proposal from the Commission,

Having regard to the opinion of the European Economic and Social Committee [OJ C 224, 30.8.2008, p. 11.],

After consulting the Committee of the Regions,

Acting in accordance with the procedure laid down in Article 251 of the Treaty [Opinion of the European Parliament of 22 April 2009 (not yet published in the Official Journal) and Council Decision of 10 November 2009.],

Whereas:

(1) A number of substantial changes are to be made to First Council Directive 73/239/EEC of 24 July 1973 on the coordination of laws, regulations and administrative provisions relating to the taking-up and pursuit of the business of direct insurance other than life assurance [OJ L 228, 16.8.1973, p. 3.]; Council Directive 78/473/EEC of 30 May 1978 on the coordination of laws, regu