CELEX: 51990PC0650
Language: en
Date: 1990-12-13
Title: AMENDMENT TO THE PROPOSAL FOR A COUNCIL REGULATION ( EEC ) ON THE APPLICATION OF ARTICLE 85 ( 3 ) OF THE TREATY TO CERTAIN CATEGORIES OF AGREEMENTS, DECISIONS AND CONCERTED PRACTICES IN THE INSURANCE SECTOR

N o C 8/6                             Official Journal of the European Communities                              12. 1. 91
2.    The date of entry into force which Member States            be accompanied by such a reference at the time of their
lay down for these provisions shall be not later than . . .       official publication. The methods of making such a
                                                                  reference shall be laid down by the Member States.
3.    Member States shall communicate to the
Commission the text of the main provisions of national
law which they adopt in the field covered by this
Directive.
                                                                                           Article 3
4.    When Member States adopt the provisions, the
latter shall contain a reference to this Directive or shall       This Directive is addressed to the Member States.
              Amendment to the proposal for a Council Regulation (EEC) on the application of Article 85 (3)
              of the Treaty to certain categories of agreements, decisions and concerted practices in the
                                                     insurance sector (')
                                                     COM(90) 650 final
              (Submitted by the Commission pursuant to Article 149 (3) of the EEC Treaty on 20 December
                                                            1990)
                                                        (91/C 8/05)
              Amendments
              Third recital
              Add:
              'Whereas the application of Council Regulation (EEC) N o 4064/89 on the control of concen-
              trations between undertakings enables the Commission to exercise close supervision on issues
              arising from concentrations in all sectors, including the insurance sector;'
              Seventh recital
              Add:
              'Whereas, in the exercise of such powers, the Commission will take account not only of the
              danger of competition being eliminated in a substantial part of the relevant market and of any
              benefit conferred to policyholders resulting from the agreements but also of the danger which
              the proliferation of restrictive clauses and the setting up and operating of accomodation
              companies would entail for policyholders; whereas the keeping of registers and the handling of
              information on aggravated risks should ensure the proper protection of confidentiality;'
              Article 1 (1) (f)
              Add:
              'provided that the keeping of these registers and the handling of this information ensure the
              proper protection of confidentiality.'
              Article 8
              New:
              'The Commission shall send a report on the implementation of the present Regulation to the
              Council and to the European Parliament, not later than six years after the entry into force of
              the Commission Regulation referred to in Article 1, together with any proposals for
              amendment of the present Regulation which might appear necessary in the light of experience.'
              O OJ No C 16, 23. 1. 1990, p. 13.