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New version applies from 20/03/2008 — introduced by Directive 2008/19/EC. 67 provisions change. Later versions: 01/07/2013, 01/01/2016. Recital 38 changes in this version: compare with the current text.

Recital 38

Recital 38

(38)The home Member State may not require assurance undertakings to invest the assets covering their technical provisions in particular categories of assets, as such a requirement would be incompatible with the liberalisation of capital movements provided for in Article 56 of the Treaty.

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