{
  "url": "https://openlegislation.uk/insurance-companies-act-1982-repealed/schedule-2F/paragraph-7",
  "json_url": "https://openlegislation.uk/insurance-companies-act-1982-repealed/schedule-2F/paragraph-7.json",
  "legislation": "ukpga/1982/50",
  "legislation_title": "Insurance Companies Act 1982 (repealed)",
  "legislation_url": "https://openlegislation.uk/insurance-companies-act-1982-repealed",
  "path": "schedule/2F/paragraph/7",
  "kind": "paragraph",
  "number": "7",
  "heading": null,
  "text": "(1) This paragraph applies where the Treasuryreceive from an EC company a notice given in accordance with paragraph 4 or 5 above.\n(2) The Treasury may, before the end of the period of three months beginning with the day on which they receive the notice, direct that Part II of this Act shall apply to the company.\n(3) Before giving a direction under sub-paragraph (2) above, the Treasuryshall serve on the company a written notice stating—\n(a) that they are considering giving a direction and particulars of the ground on which they are considering it; and\n(b) that the company may, within the period of one month from the date of service of the notice, make written representations to the Treasury and, if the company so requests, oral representations to an officer of the Treasury appointed for the purpose by the Treasury.\n(4) Where representations are made in response to a notice under sub-paragraph (3) above, the Treasury shall take them into account before giving a direction.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Word in Sch. 2F para. 7 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 72 (with art. 7)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word in Sch. 2F para. 7(1) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 76(a) (with art. 7)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Words in Sch. 2F para. 7(2) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 76(b) (with art. 7)"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words in Sch. 2F para. 7(3)(a) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 76(c)(i) (with art. 7)"
    },
    {
      "type": "F",
      "label": "F5",
      "text": "Word in Sch. 2F para. 7(3)(b) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 76(c)(ii) (with art. 7)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1982/50/schedule/2F/paragraph/7",
    "retrieved_at": "2026-10-29T10:10:47.436123+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."
}