# The Insurance Companies Regulations 1994, Regulation 84: Transitory provision


(1) This regulation applies if in any member State (“the defaulting State”) the third general insurance Directive and the third long term insurance Directive are not fully or substantially implemented on or before 1st July 1994.
(2) Until such date as those Directives are fully or substantially implemented in the defaulting State, these Regulations shall have effect in relation to an insurance company whose head office is in that State as if that State were an EFTA State rather than a member State.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/regulation/84 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/regulation-84
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.