(1) When granting a reinsurance authorisation, the Bank may impose such conditions with respect to the conduct of the reinsurance business concerned as it considers appropriate with a view to ensuring that the undertaking carries out in a proper manner the responsibilities that are imposed on reinsurance undertakings by or under these Regulations.
(2) At any time while a reinsurance authorisation has effect, the Bank may, by notice in writing, impose such conditions as it considers appropriate with respect to the conduct of the reinsurance business concerned with a view to ensuring that the undertaking carries out in a proper manner the responsibilities that are imposed on reinsurance undertakings by or under these Regulations.
(3) If it thinks it would be in the general public interest to do so, the Bank may, by notice in writing, also impose conditions with respect to the conduct in the State of the reinsurance business of a reinsurance undertaking established in another Member State
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