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New version applies from 01/05/2004 — introduced by Council Directive 2004/66/EC. 146 provisions change. Later versions: 13/04/2005, 10/12/2005, 01/01/2007, 21/09/2007, 20/03/2008, 01/07/2013, 01/01/2016. Article 12 moves to another heading in this version: compare.

Article 12 - Prohibition on compulsory ceding of part of underwriting

Article 12
Prohibition on compulsory ceding of part of underwriting

Member States may not require assurance undertakings to cede part of their underwriting of activities listed in Article 2 to an organisation or organisations designated by national regulations.

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