Section 366 | Insurers Effecting Or Carrying Out Long-Term Contracts Or Insurance | Financial Services And Markets Act 2000 C8 | LexisNexis

366 Insurers effecting or carrying out long-term contracts or insurance

Financial Services and Markets Act 2000 (2000 c 8) | Legislation

366 Insurers effecting or carrying out long-term contracts or insurance

(1) An insurer effecting or carrying out contracts of long-term insurance may not be wound up voluntarily without the consent of the [PRA].

(2) If notice of a general meeting of such an insurer is given, specifying the intention to propose a resolution for voluntary winding up of the insurer, a director of the insurer must notify the [PRA] as soon as practicable after he becomes aware of it.

(3)

To view the latest version of this document and thousands of others like it,
sign-in to LexisNexis or register for a free trial.

Existing user? Sign-in CONTINUE READING

To view this document in its entirety, and to better understand how the law applies in
practice, sign-in to LexisNexis or start your free trial.

Use the latest law

Court judgement are available within 24 hours of being handed down with case digests and enactments published throughout the day.

Apply the law

Halsbury’s Annotations provide clear definitions of legal concepts, making them more accessible.

Improve response time

Practice notes provide up-to-date explanations of the law, helping you to respond with speed and accuracy.

Existing user? Sign-in CONTINUE READING

Powered by Lexis+^®

Popular documents :

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

Popular documents

LEXISNEXIS

Reversionary lease by reference

LR1. Date of the lease[date]LR2. Title Number(s)LR2.1 Landlord's title number(s)[title numbers out of which this Lease is granted. Leave blank if not registered]LR2.2 Other title numbers[existing title number(s) against which entries of matters referred to in LR9, LR10, LR11 and LR13 are to be

LEXISNEXIS

Motor claims in the Portal—a practical guide (Stage 1)

Motor claims in the Portal—a practical guide (Stage 1)The Pre-Action Protocol for Low Value Personal Injury Claims in Road Traffic Accidents—30 April 2013 onwardsSTOP PRESS: A new RTA small claims protocol for whiplash claims comes into effect for accidents occurring on or after 31 May 2021. The

LEXISNEXIS

Public inquiry procedure

Public inquiry procedureThe procedure by which a public inquiry is conducted will vary significantly from one inquiry to the next. Even for inquiries established under the Inquiries Act 2005 (IA 2005), the associated inquiry rules are not particularly prescriptive as to how they ought to be

LEXISNEXIS

Collective investment schemes—essentials

Collective investment schemes—essentialsThis Practice Note examines the definition of a collective investment scheme (CIS) and available exemptions, and the treatment of regulated and unregulated CIS.Definition of a collective investment schemeThe definition of a CIS is contained in section 235 of