Item |
Provision affected |
Amendment |
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1. |
Insert the following definition after the definition of "the Court": |
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" ‘EEA country' means a country that is a member of the European Economic Area;". |
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2. |
Substitute the following subsection for subsection (2): |
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"(2) The Bank has a right to disclose any such return or document to the supervisory authority of another EEA country so long as the disclosure is not prohibited by law.". |
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3. |
Substitute the following subsection for subsection (3): |
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"(3) If the head office of an undertaking is located in another EEA country, the Bank shall notify the supervisory authority of that country before issuing a direction under this section in respect of the undertaking.". |
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4. |
Substitute the following section for section 20: |
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"Qualifications, experience and fitness of directors, managers and authorised agents of insurers. |
Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 1 August 2004 - onwards