# Insurance Companies Act 1982 (repealed), Section 81F: Withdrawal of authorisation.

Extent: E+W+S+N.I.

(1) Where an insurance company is providing insurance in the United Kingdom and the Secretary of State is notified by the competent authorities of the member State of establishment, or of the company’s head office, that the authorisation of the company has been withdrawn in accordance with
(a) Article 22 of the first general insurance Directive; or
(b) Article 26 of the first long term insurance Directive, he may direct the company to cease to provide insurance, or insurance of any specified description, in the United Kingdom through all, or any specified, establishments.
(2) After giving such a direction, the Secretary of State shall by notice in writing inform the company of his reasons for doing so.
(3) A direction under this section does not prevent the company from effecting a contract of insurance in pursuance of a term of a subsisting contract of insurance.

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Source: https://www.legislation.gov.uk/ukpga/1982/50/section/81F (the official version)
Page: https://openlegislation.uk/insurance-companies-act-1982-repealed/section-81F
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

