{
  "url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001/article-98",
  "json_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001/article-98.json",
  "legislation": "uksi/2001/3592",
  "legislation_title": "The Financial Services and Markets Act 2000 (Transitional Provisions) (Partly Completed Procedures) Order 2001",
  "legislation_url": "https://openlegislation.uk/financial-services-and-markets-act-2000-transitional-provisions-partly-completed-procedures-order-2001",
  "path": "article/98",
  "kind": "article",
  "number": "98",
  "heading": "EC companies seeking to carry on reinsurance business",
  "text": "(1) This article applies in relation to an EC company (within the meaning of the Insurance Companies Act) which at commencement—\n(a) is seeking to carry on reinsurance business through a branch in the United Kingdom; and\n(b) neither has permission to carry on that activity by virtue of Schedule 4 nor has a Part IV permission to carry it on.\n(2) If before commencement the company had, in accordance with paragraph 4(2)(a)(i) of Schedule 2F to the Insurance Companies Act, served a notice of its intention to carry on reinsurance business, the notice is to be treated as an application for permission made under section 40.\n(3) Article 9 applies in relation to an application treated under this article as an application under section 40 or 44 as it applies to an application so treated pursuant to a provision in Part II.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "I",
      "label": "I1",
      "text": "Art. 98 in force at 1.12.2001, see art. 1(2)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/2001/3592/article/98",
    "retrieved_at": "2026-10-29T07:26:00.108552+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}