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Article 50

United Kingdom

Original text. Later amendments are not shown.

Where Article 33 of Directive 78/660/EEC is applied to insurance undertakings, it shall be so in the following manner:

  1. (a)

    paragraph 1 (a) shall apply to assets shown under F (I) as defined in Article 6 of this Directive;

  2. (b)

    paragraph 1 (c) shall apply to assets shown under C (I), (II), (III) and (IV) and F (I) (except for stocks) and (III) as defined in Article 6 of this Directive.