Part I Insurance Business Transfer Schemes

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(1)     For the purposes of section 111(2) the appropriate certificates, in relation to an insurance business transfer scheme, are—

(a)     a certificate under paragraph 2;

(b)     if sub-paragraph (2) applies, a certificate under paragraph 3;

[(ba)     if sub-paragraph (2A) applies, a certificate under paragraph 3A;]

(c)     if sub-paragraph (3) applies, a certificate under paragraph 4;

(d)     if sub-paragraph (4) applies, a certificate under paragraph 5;

[(e)     if sub-paragraph (5) applies, the certificates under paragraph 5A].

(2)     This sub-paragraph applies if—

(a)     [the transferor concerned] is a UK authorised person which has received authorisation under [Article 14 of the Solvency 2 Directive] from [the appropriate regulator]; and

(b)     the establishment from which the business is to be transferred under the proposed insurance business transfer scheme is in an EEA State other than the United Kingdom.

[(2A)     This sub-paragraph applies if—

(a)     the transferor concerned is a UK authorised person which has received authorisation under Article 14 of the Solvency 2 Directive from the appropriate regulator; and

(b)     as regards any policy which is included in the proposed transfer and which evidences a contract of insurance (other than reinsurance), the contract was concluded in an EEA State other than the United Kingdom.]

(3)     This sub-paragraph applies if—

(a)     [the transferor concerned] has received authorisation under [Article 162 of the Solvency 2 Directive] from [the appropriate regulator];

(b)     the proposed transfer relates to business which consists of the effecting or carrying out of contracts of long-term insurance; and

(c)     as regards any policy which is included in the proposed transfer and which evidences

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