Regulation 56 Insurance statistics: member States
Every society to which this Part of these Regulations applies which in a financial year ending after the commencement date—
carries on long term business in a member State other than the United Kingdom through an overseas branch in that State; or
provides long term insurance in a member State other than the United Kingdom through an establishment in another member State,
shall prepare in respect of long term business so carried on by it, or long term insurance so provided by it, a statement of gross premiums receivable by each of classes I to VII specified in head A of Schedule 2 to the 1992 Act.
Every society to which this Part of these Regulations applies which in a financial year ending after the commencement date—
carries on general business in a member State other than the United Kingdom through an overseas branch in that State; or
provides general insurance in a member State other than the United Kingdom through an establishment in another member State,
shall prepare in respect of general business so carried on by it, or general insurance so provided by it, a statement of gross premiums receivable by each group of classes.
The statements referred to in paragraphs (1) and (2) above shall be prepared separately in respect of each member State in which the society carries on the insurance business or provides the insurance.
Subject to paragraph (5) below, in respect of any financial year part of which falls before the commencement date, the statement required by paragraph (1) and (2) above may be prepared solely in respect of long term or general insurance so provided or so carried on on or after that date.
Paragraph (4) above does not apply in relation to any insurance provided in a member State before the commencement date where the society had notified the Commission of its intention to provide such insurance under section 57(1) or 57A(1) of the 1992 Act prior to 1st January 1994.