Regulation 1

These Regulations may be cited as the Insurance Companies (Accounts and Statements) (Amendment) Regulations 1988 and shall come into operation on the date when section 3 of the Financial Services Act 1986^f1comes into operation.

The Insurance Companies (Accounts and Statements) Regulations 1983^f2(“the principal Regulations”) shall have effect subject to the amendment set out in regulation 2 below.