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Version status: Repealed | Document consolidation status: Updated to reflect all known changes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 60 Amendments to Directive 2002/83/EC

Repealed from 1 January 2016

Directive 2002/83/EC is hereby amended as follows:

1. In Article 1(1), the following point shall be added:

'(s) "reinsurance undertaking" shall mean a reinsurance undertaking within the meaning of Article 2 point (c) of Directive 2005/68/EC of the European Parliament and of the Council of 16 November 2005 on reinsurance [OJ L 323, 9.12.2005, p. 1.]'

2. The following Article shall be inserted:

'Article 9a Prior consultation with the competent authorities of other Member States

1. The competent authorities of the other Member State involved shall be consulted prior to the granting of an authorisation to a life assurance undertaking, which is:

(a) a subsidiary of an insurance or reinsurance undertaking authorised in another Member State; or

(b) a subsidiary of the parent undertaking of an insurance or reinsurance undertaking authorised in another Member State; or

(c) controlled by the same person, whether natural or legal, who controls an insurance or reinsurance undertaking authoris

Comparing proposed amendment...