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Version date: 4 July 1987 - onwards
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Recitals

THE COUNCIL OF THE EUROPEAN COMMUNITIES,

Having regard to the Treaty establishing the European Economic Community, and in particular Article 57(2) thereof,

Having regard to the proposal from the Commission [OJ No C 245, 29. 9. 1979, p. 7 and OJ No C 5, 7. 1. 1983, p. 2],

Having regard to the opinion of the European Parliament [OJ No C 291, 10. 11. 1980, p. 70],

Having regard to the opinion of the Economic and Social Committee [OJ No C 146, 16. 6. 1980, p. 6],

Whereas 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 No L 228, 16. 8. 1973, p. 3], as amended by Directive 76/580/EEC [OJ No L 189, 13. 7. 1976, p. 13], eliminated a number of divergencies in the laws of the Member States in order to facilitate the taking-up and pursuit of that business;

Whereas, however, Article 2(2)(d) of the said Directive states tha

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