Regulation 7 Termination by overseas insurer of appointment of person nominatedI1

The overseas insurer may at any time after the Board have approved the person nominated by him as his tax representative give notice to the Board that he no longer wishes that person to be his tax representative.

Where notice is given by the overseas insurer under paragraph (1), the appointment of the person nominated continues until such time as the Board approve the nomination of another person in his place.

At the same time as the Board give notice of their decision approving the nomination of another person they must give notice to the person originally nominated that this appointment ceased on the date of that notice.