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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 5 changes in this version: compare with the current text.

Article 5 - Scope of authorisation

Article 5
Scope of authorisation

1.Authorisation shall be valid for the entire Community. It shall permit an assurance undertaking to carry on business there, under either the right of establishment or freedom to provide services.

2.Authorisation shall be granted for a particular class of assurance as listed in Annex I. It shall cover the entire class, unless the applicant wishes to cover only some of the risks pertaining to that class. The competent authorities may restrict authorisation requested for one of the classes to the operations set out in the scheme of operations referred to in Article 7. Each Member State may grant authorisation for two or more of the classes, where its national laws permit such classes to be carried on simultaneously.

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