Open on EUR-Lex ↗
◷
New version applies from 21/09/2007 — introduced by Directive 2007/44/EC. 114 provisions change. Later versions: 21/03/2008, 01/07/2013. Article 4 changes in this version: compare with the current text.

Article 4 - Scope of authorisation

Article 4
Scope of authorisation

1. An authorisation pursuant to Article 3 shall be valid for the entire Community. It shall permit a reinsurance undertaking to carry on business there, under either the right of establishment or the freedom to provide services.

2. Authorisation shall be granted for non-life reinsurance activities, life reassurance activities or all kinds of reinsurance activities, according to the request made by the applicant. It shall be considered in the light of the scheme of operations to be submitted pursuant to Articles 6(b) and 11 and the fulfilment of the conditions laid down for authorisation by the Member State from which the authorisation is sought.

Official text · the act as published Open full page ↗
12 queries · page built in 52 msInventory f82bbfa3