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Amendment of section 124B of Act of 1999
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72. Section 124B(1) of the Act of 1999 is amended in the definition of “insurer”—
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(a) in paragraph (b), by the deletion of “or”,
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(b) in paragraph (c), by the substitution of “in the State,” for “in the State;”, and
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(c) by the insertion of the following paragraphs after paragraph (c):
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“(d) a person who is the holder of an authorisation to undertake insurance granted by the authority in the United Kingdom charged by law with the duty of supervising such persons, or
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(e) a person who is the holder of an authorisation to undertake insurance granted by the authority in Gibraltar charged by law with the duty of supervising such persons;”.
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