Regulation 106 Paragraph 2 (certificates as to margin of solvency)I1

United Kingdom

(1)

Paragraph 2 (certificates as to margin of solvency) is amended as follows.

F1(2)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

(3)

In sub-paragraph (6)—

(a)

omit paragraphs (a) and (aa) M1;

(b)

in paragraph (c) M2 omit “(a), (aa) or”;

(c)

in paragraph (c)(i) and (ii) M3 omit, in each place it occurs, “or with permission under Schedule 4”.

(4)

Omit sub-paragraphs (7A) and (9) M4.

Annotations

F1: Reg. 106(2) omitted (31.12.2020 immediately before IP completion day) by virtue of The Gibraltar (Miscellaneous Amendments) (EU Exit) Regulations 2019 (S.I. 2019/680), regs. 1(3), 9(6); 2020 c. 1, Sch. 5 para. 1(1)

M1: Paragraph (a) was amended by S.I. 2007/3253; paragraph (aa) was substituted by S.I. 2015/575.
M2: Paragraph (c) was amended by S.I. 2007/3253.
M3: Paragraphs (c)(i) and (ii) were substituted by paragraph 11(4) of Schedule 6 to the Financial Services Act 2012.
M4: Sub-paragraphs (7A) and (9) were substituted by S.I. 2015/575.

I1: Reg. 106 in force at 31.12.2020 on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(3)