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Version status: Repealed | Document consolidation status: Updated to reflect all known changes
Version date: 1 January 2016 - onwards
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Article 9

Repealed from 1 January 2016

The scheme of operations referred to in Article 8(1)(c) shall include particulars or proof concerning:

(a) the nature of the risks which the undertaking proposes to cover;

(b) the guiding principles as to reinsurance;

(c) the items constituting the minimum guarantee fund;

(d) estimates of the costs of setting up the administrative services and the organization for securing business; the financial resources intended to meet those costs and, if the risks to be covered are classified in class 18 in point A of the Annex, the resources at the undertaking's disposal for the provision of the assistance promised

and, in addition, for the first three financial years:

(e) estimates of management expenses other than installation costs, in particular current general expenses and commissions;

(f) estimates of premiums or contributions and claims;

(g) a forecast balance sheet;

(h)  estimates of the financial resources intended to cover underwriting liabilities and the solvency margin.

Comparing proposed amendment...