Paragraph 10 I1

United Kingdom

Regulation 17 M1 applies as if in paragraph (1)—

(a)

in the definition of “composite insurer”, “, in accordance with Article 73(2) of the Solvency 2 Directive” were omitted;

(b)

in the definition of “general business assets”, the words from “, in accordance with” to the end were omitted;

(c)

in the definition of “long term business assets”, the words from “, in accordance with” to the end were omitted.

Annotations

M1: Regulation 17 was amended by S.I. 2015/575. There are other amendments to regulation 17 which are not relevant to this instrument.

I1: Sch. 1 para. 10 in force on IP completion day (in accordance with 2020 c. 1, Sch. 5 para. 1(1)), see reg. 1(2)