Insurance Companies Act 1982 (repealed)
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
63A Duty to notify change of control
(1) A person resident or having its head office in a country or territory other than a member State who becomes the parent undertaking of an insurance company— (a) which has its head office in the United Kingdom; and (b) to which this Part of this Act applies, shall before the expiration of the period of fourteen days beginning with the day next following that on which he becomes the parent undertaking notify the Secretary of State in writing of that fact. (2) Subsection (1) above shall not apply if the insurance company concerned— (a) is required to give notice to the Secretary of State in accordance with section 62(2) above; or (b) is not authorised to carry on in any member State any insurance business other than reinsurance business.
63A Duty to notify change of control
(1) A person resident or having its head office in a country or territory other than a member State who becomes the parent undertaking of an insurance company— (a) which has its head office in the United Kingdom; and (b) to which this Part of this Act applies, shall before the expiration of the period of fourteen days beginning with the day next following that on which he becomes the parent undertaking notify the Secretary of State in writing of that fact. (2) Subsection (1) above shall not apply if the insurance company concerned— (a) is required to give notice to the Secretary of State in accordance with section 62(2) above; or (b) is not authorised to carry on in any member State any insurance business other than reinsurance business.
One line that says what changes, such as "Halve the dog tax".
Who it helps, what it costs, what it fixes. It is what persuades people to support it.
A proposal here is not law. Support on Solon is evidence that people want the change; the official route says what it takes to make it law.
Sign in to file your proposal. What you have written stays on this page.
Sign in to file itThink it through
Ask what your change would do, who would gain and who would bear a cost, and where something like it is already law. The assistant reads your draft as it stands, cites the law and the studies it finds, and takes no side. What you file stays yours.