# The Insurance Companies Regulations 1994, Paragraph 3


The conditions referred to in paragraph 1(c) above are—
(a) that the risk is covered by a single contract at an overall premium and for the same period by two or more insurers, each for his own part;
(b) that the risk is situated (within the meaning of paragraph 4 below) within an EEA State;
(c) that at least one of the insurers participating in the operation does so through a head office or branch established in an EEA State other than that in which the leading insurer’s head office (or if the leading insurer is participating through a branch, that branch) is established.

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Source: https://www.legislation.gov.uk/uksi/1994/1516/schedule/13/paragraph/3 (the official version)
Page: https://openlegislation.uk/insurance-companies-regulations-1994/schedule-13/paragraph-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.