S.I. No. 211/1990 -- European Communities (Non-Life Insurance) (Amendment) Regulations, 1990.
S.I. No. 211/1990: EUROPEAN COMMUNITIES (NON-LIFE INSURANCE) (AMENDMENT) REGULATIONS, 1990. |
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EUROPEAN COMMUNITIES (NON-LIFE INSURANCE) (AMENDMENT) REGULATIONS, 1990. |
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I, DESMOND O' MALLEY, Minister for Industry and Commerce, in exercise of the powers conferred on me by section 3 of the European Communities Act, 1972 (No. 27 of 1972), and for the purpose of giving effect to Council Directive No. 73 /239/EEC of 24 July 1973*, hereby make the following Regulations. |
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*O.J. No. L228, 16.8.1973, pp.3-19 |
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1. These Regulations may be cited as the European Communities (Non-Life Insurance) (Amendment) Regulations, 1990, and shall come into operation on the 2nd day of August, 1990. |
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2. The European Communities (Non-Life Insurance) Regulations, 1976 ( S.I. No. 115 of 1976 ), are hereby amended by the substitution for subarticles (a) and (b) of Article 34 (inserted by the European Communities (Non-Life Insurance) (Amendment) Regulations, 1985 ( S.I. No. 297 of 1985 )) of the following: |
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"( a ) in the case where the application is made by an undertaking mentioned in Article 9 (a) of these Regulations, a fee of £2,000, and |
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( b ) in the case where the application is made by an undertaking mentioned in subarticles (b) or (c) of Article 9, or in Article 25 of these Regulations, a fee of £1,000.". |
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GIVEN under my Official Seal, this 2nd day of August, 1990. |
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DESMOND O'MALLEY, |
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Minister for Industry and Commerce. |
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EXPLANATORY NOTE. |
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These Regulations amend the European Communities (Non-Life Insurance) Regulations, 1976 by increasing the fees payable by insurance undertakings applying for an authorisation and for an extension to transact non-life insurance business in the State. |
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