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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 8 December 1994 - onwards
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Regulation 42 Obligation to join guarantee schemes.

Insurance undertakings carrying on business by way of services into the State or by way of branch establishment in the State, including, if necessary, those insurance undertakings referred to in sub-article (4) of Article 6 of these Regulations shall join and participate in the Insurance Compensation Fund established in accordance with the Insurance Act, 1964, and any other scheme established under the Insurance Acts and Regulations designed to guarantee the payment of insurance claims to insured persons and injured third parties on the same terms as insurance undertakings with head offices in the State.

Comparing proposed amendment...