2007 No. 3253

financial services and markets

The Reinsurance Directive Regulations 2007

Made

Laid before Parliament

Coming into force

The Treasury are a government department designated for the purposes of section 2(2) of the European Communities Act 19721 in relation to:

a

the authorisation of the carrying on of insurance business and the regulation of such business and its conduct2;

b

transfers of insurance contracts other than contracts of life insurance from one insurance undertaking to another3;

c

matters relating to the transfer of contracts of life assurance from one insurance undertaking to another4;

d

anything supplemental or incidental to matters in (a) to (c)5; and

e

the conduct of insurance business carried on by friendly societies and the authorisation and regulation of the carrying on of such business by friendly societies6.

The Treasury make these Regulations in exercise of the powers conferred on them by section 2(2) of that Act: