# The Insurance Companies Regulations 1994, Paragraph 1


An insurance operation is a relevant co-insurance operation for the purposes of regulation 63 above if—
(a) it is not a reinsurance acceptance, and
(b) it relates to any of the classes specified in paragraph 2 below, and
(c) it satisfies all the conditions specified in paragraph 3 below.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/13/paragraph/1 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-13/paragraph-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.