Article 8 Power to apply to court for injunction in respect of certain overseas insurance companies

(1)

Paragraph (2) applies if before the commencement date, the Authority—

(a)

had received a request within the meaning of section 198(1)^f1 (request in respect of an overseas insurance company); and

(b)

had not made an application to the court within the meaning of section 198(2) pursuant to that request.

(2)

The request is to be treated as if it had been made to the PRA.

Annotations

f1: Section 198 was amended by S.I. 2004/3379 and 2007/3253 and is further amended by the 2012 Act, Schedule 4, Part 4, paragraph 38.