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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
Version 3 of 3

Regulation 270 Definitions

(1) For the purpose of this Part -

"administrator" means - (a) an administrator in relation to an insurance undertaking appointed under section 2 of the Insurance (No. 2) Act 1983 (No. 29 of 1983), (b) an examiner in relation to an insurance undertaking appointed under Part 10 of the Act of 2014, or (c) any person appointed in relation to an insurance undertaking authorised in a Member State other than the State by the competent authorities of that State for the purpose of administering reorganisation measures;

"branch", in relation to an insurance undertaking, means a permanent presence of the insurance undertaking in the territory of a Member State other than the home Member State which pursues insurance activities;