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Part 6 · Supervision: tasks and general powers, organisation  ›  Chapter 1 · Tasks and general provisions › Section 300

Amendment of the scheme of operations

The supervisory authority may require a scheme of operations to be amended before new insurance contracts are concluded. Where this appears necessary to safeguard the interests of the insured, the supervisory authority may amend or revoke a scheme of operations with effect for existing insurance relationships and for those not yet wound up. The first and second sentences do not apply to reinsurance undertakings.

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