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New version applies from 01/07/2013 — introduced by Council Directive 2013/23/EU. 144 provisions change. Later versions: 19/12/2013, 23/05/2014, 31/03/2015, 12/01/2017, 09/07/2018, 13/01/2019, 30/06/2021, 19/10/2021, 09/01/2024, 17/01/2025, 30/01/2027. Recital 8 changes in this version: compare with the current text.

Recital 8

Recital 8

(8)The taking-up of insurance or of reinsurance activities should be subject to prior authorisation. It is therefore necessary to lay down the conditions and the procedure for the granting of that authorisation as well as for any refusal.

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