Paragraph 4 I1

in respect of which an insurer is under an obligation to deliver a certificate under F2section 552 (as read with section 552ZA);

which occurs three months or more after section 552A first applies to the overseas insurer;

which is the last such event to occur in relation to the policy or contract;

by reason of which the aggregate sum payable, or other benefits to be conferred, by the overseas insurer exceeds twice the basic rate limit for the tax year in which it occurs.