(1) The Insurers (Reorganisation and Winding Up) Regulations 2004 [S.I. 2004/353.] are amended as follows.

(2) In regulation 2 (interpretation) -

(a) in paragraph (1) omit the following definitions -

(i) "branch";

(ii) "directive reorganisation measure";

(iii) "directive winding up proceedings";

(iv) "EEA creditor";

(v) "EEA insurer";

(vi) "EEA regulator";

(vii) "EEA State";

(viii) "home state regulator";

(ix) "official language";

(x) "the Solvency 2 Directive"; and

(b) omit paragraph (2).

(3) Omit Part 2 (insolvency measures and proceedings: jurisdiction in relation to insurers).

(4) Omit regulation 10 (notification of relevant decision to EEA regulators).