OpenLegislation

Paragraph 11 I1

United Kingdom

(1)

On giving a direction in relation to a friendly society under section 40 or 41 above the Commission shall—

(a)

publish notice of it in one or more of the London, Edinburgh and Belfast Gazettes, and in any such other ways as the Commission considers appropriate for notifying the public;

(b)

send a copy of it to the secretary of the society concerned and to the central office;

(c)

where it relates only to part of the business covered by the society’s authorisation, send a copy of the terms of the authorisation, after taking account of the direction, to the secretary of the society and to the central office.

F1(d)

in the case of a direction given in relation to a society to which section 37(2) or (3) above applies which is or has been–

(i)

carrying on insurance business in an EEA State other than the United Kingdom through an overseas branch in that State, or

(ii)

providing insurance in an EEA State other than the United Kingdom through an establishment in another EEA State,

notify the supervisory authority in that State, or, as the case may be, in each of those States of the direction.

(2)

The central office—

(a)

shall keep the copy of a direction sent to it under sub-paragraph (1)(b) above on the public file of the society;

(b)

where a copy of the terms of the society’s authorisation is sent to it under sub-paragraph (1)(c) above, shall keep the copy on the public file of the society.

Annotations

Textual amendments

F1

Sch. 13 para. 11(1)(d) inserted (1.9.1994) by S.I. 1994/1984, reg. 7(3)

Commencement

I1

Sch. 13 wholly in force; Sch. 13 not in force at Royal Assent see s. 126(2); Sch. 13 in force for certain purposes at 13.1.1993 by S.I. 1993/16, art. 2, Sch. 1; Sch. 13 in force for all remaining purposes at 13.9.1993 by S.I. 1993/2213, art. 2(1), Sch. 2

Notes on Schedule 13

Textual amendments

F1

Schs. 13-13C repealed (1.12.2001) by S.I. 2001/2617, arts. 2, 13(2), Sch. 4 (with art. 13(3), Sch. 5); S.I. 2001/3538, art. 2(1)