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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 29 November 1994

European Communities (Non-Life Insurance) Framework Regulations, 1994 [S.I. No. 359 of 1994]

Comparing proposed amendment...
Introductory Text
Part 1 Citation and Commencement, Interpretation, Scope and Taking up the Business of Non-Life Insurance (regs. 1-9)
In force
Regulation 1 Citation and Commencement.
In force
Regulation 2 Interpretation.
In force
Regulation 2A Determination of voting rights for certain purposes.
In force
Regulation 3 Technical Adjustments.
In force
Regulation 4 Scope.
Revoked
Regulation 5 Powers of Court.
In force
Regulation 6 Authorisations.
In force
Regulation 7 Conditions when applying for Authorisation.
In force
Regulation 8 Notification of conditions and documents.
In force
Regulation 9 Identities of shareholders.
Part 2 Financial Supervision, Assignment of Policies, Technical Reserves Provisions, Solvency Margin, Valuation of Assets, Register of Assets, Discounting, Related Company, Failure to Comply with Technical Reserves Provisions, Withdrawal or Lapse of Authorisation (regs. 10-19)
In force
Regulation 10 Conditions governing the financial supervision of insurance business.
In force
Regulation 11 On the spot verification.
Revoked
Regulation 12 Assignment of policies.
In force
Regulation 13 Technical reserves provisions, solvency margin, valuation of assets, Register of assets.
In force
Regulation 14 Discounting.
In force
Regulation 15 Transactions with a related company or companies.
In force
Regulation 16 Failure to comply with technical reserves requirements.
In force
Regulation 16A Insurance undertaking to provide plan for restoring its finances if required to do so by the Bank.
In force
Regulation 17 Withdrawal/lapse of Authorisation.
In force
Regulation 18 Provisions applying on withdrawal/lapse of authorisation.
In force
Regulation 19 Notification of reasons for revocation.
Part 3 Qualifying Holdings, Amendment to European Communities (Non-Life Insurance) (Amendment) Regulations, 1991, Obligation of Professional Secrecy/Exchanges of Confidential Information (regs. 20-22)
In force
Regulation 20 Interpretation and effect: Part 3.
In force
Regulation 20A Restrictions on acquiring and disposing of qualifying holdings in insurance undertakings.
In force
Regulation 20B Insurance undertakings to provide information on certain acquisitions and disposals.
In force
Regulation 20C Period for assessment of proposed acquisition.
In force
Regulation 20D Assessment of proposed acquisitions.
In force
Regulation 20E Bank to cooperate with competent authorities of other Member States in certain cases.
In force
Regulation 20F Bank may fix period for completion of acquisition, etc.
In force
Regulation 20G Notice of Bank's decision.
In force
Regulation 20H Bank may oppose certain acquisitions.
In force
Regulation 20I Decision to oppose proposed acquisition to be appealable.
In force
Regulation 20J Circumstances in which proposed acquisition not to be completed.
In force
Regulation 20K Effect of section 201 of the Companies Act 1963.
In force
Regulation 20L Insurance undertakings to provide information about shareholdings, etc.
In force
Regulation 20M Offence of providing false or misleading information, etc.
In force
Regulation 20N Power of Court to make certain orders.
In force
Regulation 21 Amendment to European Communities (Non-Life Insurance) (Amendment) Regulations, 1991 (S.I. No. 5 of 1991).
Revoked
Regulation 22 Obligation of Professional Secrecy/exchanges of confidential information.
Part 4 Choice of Law, General Good Requirements, Notification of Documents, Compulsory Insurance, Policyholder Disclosure (regs. 23-27)
In force
Regulation 23 Choice of Law Applicable to Insurance Contracts.
In force
Regulation 24 General Good Requirements.
In force
Regulation 25 Notification of Documents and Scales of Premiums.
In force
Regulation 26 Compulsory Insurance.
In force
Regulation 27 Policyholder Disclosure Rules.
Part 5 Right of Establishment, Freedom to Provide Services, Motor Insurance Business, General Conditions, Prevention of Irregularities (regs. 28-37)
Revoked
Regulation 28 Provisions Relating to the right of Establishment of a Branch outside the State.
In force
Regulation 29 Amendment to branch information.
Revoked
Regulation 30 Conditions for Establishing a Branch in the State.
In force
Regulation 31 Amendment to branch information.
Revoked
Regulation 32 Conditions for carrying on insurance business by way of services into another Member State.
Revoked
Regulation 33 Conditions for carrying on insurance business by way of services into the State.
Revoked
Regulation 34 Additional provisions related to risks in class 10 (other than carrier's liability) - third party motor liability insurance.
In force
Regulation 35 Amendment to services information.
In force
Regulation 36 General conditions regarding the establishment of a branch or the provision of services.
In force
Regulation 37 Prevention of Irregularities.
Part 6 Advertising, Winding-up, Statistical Requirements (regs. 38-41)
In force
Regulation 38 Advertising.
In force
Regulation 39 Winding-up of insurance undertaking.
In force
Regulation 40 Statistical Information.
In force
Regulation 41 Statistical requirement regarding services and branch insurance business.
Part 7 Guarantee Schemes, Fiscal Arrangements, Acquired Rights, Right of Appeal (regs. 42-46)
In force
Regulation 42 Obligation to join guarantee schemes.
In force
Regulation 43 Fiscal arrangements.
In force
Regulation 44 Acquired Rights.
In force
Regulation 45 Application of Regulations to branch under Article 44.
Revoked
Regulation 46 Right of appeal to Court.
Part 8 Provisions Related to Branches of Third Country Insurance Undertakings, Rules Applicable to the Assignment of Third Country Branch Policies, Rules Applicable to Health Insurance, Section 93 and 94 of the Insurance Act, 1936, Penalties, Fee (regs. 47-60)
Revoked
Regulation 47 Third country branch provisions.
Revoked
Regulation 48 Application for authorisation.
Revoked
Regulation 49 Conditions of Admission.
Revoked
Regulation 50 Technical Reserves Provisions.
Revoked
Regulation 51 Solvency Margin.
Revoked
Regulation 52 Guarantee Fund.
Revoked
Regulation 53 Annual Returns.
Revoked
Regulation 54 Application of Articles 16 and 17.
Revoked
Regulation 55 Advantages under Article 26 of the First Directive/Application of Article 26 (2), (3) and (4).
Revoked
Regulation 56 Rules applicable to the assignment of policies of branches of insurance undertakings whose head offices are outside the European Communities.
In force
Regulation 57 Health Insurance.
In force
Regulation 58 Sections 93 and 94 of the Insurance Act, 1936.
In force
Regulation 59 Penalties.
In force
Regulation 60 Lodgement of applications for authorisations.
Annex I
In force
Annex I, Part A Classification of risks according to classes of insurance
In force
Annex I, Part B Description of authorisations granted for more than one class of insurance
In force
Annex I, Part C Ancillary risks
In force
Annex I, Part D Correspondence between classes of non-life insurance licensed under the Insurance Act, 1936, and the classes of the Annex to Council Directive 73/239/EEC
Annex II Solvency Margins and Guarantee Funds
In force
Annex II, Part A Determination of Required Solvency Margin
In force
Annex II, Part B Guarantee Funds
In force
Annex II, Part C Application of this Annex
In force
Annex II, Part D Guarantee Fund For Insurance Undertakings Conducting Reinsurance Business
In force
Annex III Valuation of Assets
In force
Annex IV Matching Rules
Schedule 1 Value of Dependants
In force
Schedule 1, Part 1 The Supplementary Amount
In force
Schedule 1, Part 2 Further provisions and modifications of the regulations applicable with respect to the determination of the value of dependants
Schedule 2 Assets to be taken into account only to a specified extent
In force
Schedule 2, Part I
In force
Schedule 2, Part II
In force
Schedule 2, Part III
In force
Schedule 2, Part IV
Given under
Explanatory Note