Regulation 42 Modification of the Insurance Companies (Overseas Life Assurance Business) (Compliance) Regulations 1995
(1)
In relation to an overseas life insurance company, the Insurance Companies (Overseas Life Assurance Business) (Compliance) Regulations 1995f1 shall have effect as if they were subject to the following modifications.
(2)
In paragraph 2(1), in the definition of “relevant business”, for “branch or agency” substitute “permanent establishment”.
Annotations
Footnotes
- f1
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S.I. 1995/3237 which has been relevantly amended by S.I. 1998/1872 and regulation 12 of S.I. 2004/2200.