(1) The Bank shall not adopt provisions requiring the prior approval or systematic notification of general and special policy conditions, scales of premiums, or, in the case of life insurance, the technical bases used in particular for calculating scales of premiums and technical provisions, or the forms and other documents which an insurance undertaking authorised in a Member State other than the State intends to use in its dealings with policy holders in the State.
(2) The Bank shall only require an insurance undertaking authorised in a Member State other than the State that proposes to pursue insurance business in the State to effect non-systematic notification of policy conditions and other documents for the purpose of verifying compliance with the law concerning insurance contracts, and that requirement shall not constitute a prior condition for an undertaking to pursue its business in the State.
(3) The Bank shall not retain or introduce a requirement for prior notification or ap
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