Artikel 148 Unterrichtung durch den Herkunftsmitgliedstaat

Within one month of the notification provided for in Article 147, the supervisory authorities of the home Member State shall communicate the following to the Member State or States within the territories of which an insurance undertaking intends to pursue business under the freedom to provide services:

At the same time, the supervisory authorities of the home Member State shall inform the insurance undertaking concerned of that communication.

Member States within the territory of which a non-life insurance undertaking intends, under the freedom to provide services, to cover risks in class 10 in Part A of Annex I other than carrier’s liability may require that insurance undertaking to submit the following:

Where the supervisory authorities of the home Member State do not communicate the information referred to in paragraph 1 within the period laid down therein, they shall state the reasons for their refusal to the insurance undertaking within that same period.

Such a refusal or failure to act shall be subject to a right to apply to the courts in the home Member State.

The insurance undertaking may start business as from the date on which it is informed of the communication provided for in the first subparagraph of paragraph 1.