CELEX: 51989PC0436(02)
Language: en
Date: 1989-12-06
Title: PROPOSAL FOR A COUNCIL DIRECTIVE ON THE IMPLEMENTATION OF THE AGREEMENT BETWEEN THE SWISS CONFEDERATION AND THE EUROPEAN ECONOMIC COMMUNITY CONCERNING DIRECT INSURANCE OTHER THAN LIFE ASSURANCE

5. 3. 90                                Official Journal of the European Communities                              No C 53/45
              Proposal for a Council Directive on the implementation of the Agreement between the Swiss
                    Confederation and the European Economic Community concerning direct insurance
                                                   other than life assurance
                                                COM(89) 436 final — SYN 221
                                     (Submitted by the Commission on 7 September 1989)
                                                         (90/C 53/02)
THE COUNCIL OF THE EUROPEAN COMMUNITIES,                           ... must take effect on the same date in all the Member
                                                                   States of the Community; whereas that Agreement will not
Having regard to the Treaty establishing the European
                                                                   come into force until the first day of the calendar year
Economic Community, and in particular Article 57 (2)
                                                                   following the date on which the instruments of approval
thereof,
                                                                   are exchanged,
Having regard to the proposal from the Commission,
In cooperation with the European Parliament,                       HAS ADOPTED THIS DIRECTIVE:
Having regard to the opinion of the Economic and Social                                       Article 1
Committee,
Whereas an Agreement between the Swiss Confederation               The Member States shall amend their national provisions
and the European Economic Community concerning direct              to comply with the Agreement signed on ... between the
insurance other than life assurance was signed at... on ...;       Swiss Confederation and the European Economic Com-
                                                                   munity within a period of 24 months following the
Whereas one of the effects of that Agreement is to impose,         notification of this Directive, and shall immediately inform
in relation to insurance undertakings which have their head        the Commission thereof.
offices in the Swiss Confederation, legal rules different
from those applicable, under Title III of Council Directive                                   Article 2
73/239/EEC of 24 July 1973 on the coordination of laws,
regulations and administrative provisions relating to the          The Member States shall specify in their national
taking-up and pursuit of direct insurance other than life          provisions that the amendments thereto made pursuant to
assurance (*), to agencies and branches established within         the Agreement shall not come into force until the date on
the Community of undertakings whose head offices are               which the Agreement enters into force.
outside the Community;
Whereas the coordinated rules relating to the pursuit of                                      Article 3
these activities within the Community by the Swiss
undertakings subject to the provisions of the Agreement of         This Directive is addressed to the Member States.
 (!) OJ No L 228, 16. 8. 1973, p. 3.