Examples of State Competent Authority in a sentence
The host Member State Competent Authority shall acknowledge receipt of the information described in paragraph 2.3.1. as soon as possible.
The date the information is received by the host Member State Competent Authority starts the two months time limit in which it shall provide, if appropriate, the home Member State Competent Authority with any information noted in paragraph 2.5.4.
The Protocol recognises that each home Member State Competent Authority will use a variety of supervisory methods and these will differ between Competent Authorities as will their practices in relation to documents, reporting, statistics and record keeping.
The information in paragraph 2.5.4. must be provided to the home Member State Competent Authority within two months (the ‘Expiry Date’) of the host Member State Competent Authority receiving the information referred to in paragraph 2.3.1.
In the event that the host Member State Competent Authority has not provided the information described in paragraph 2.5.4. to the home Member State Competent Authority before the Expiry Date, the home Member State Competent Authority will pass the information to the IORP when it has been received.
The home Member State Competent Authority shall ensure there is verification of the insurance undertaking’s separation of its relevant occupational retirement provision business from its other business as part of the authorisation and notification procedures and ongoing supervision.
The home Member State Competent Authority has a maximum period of three months from the Start Date to decide whether it has reason to doubt that the IORP meets the requirements to operate cross-border as proposed in the host Member State(s).
The date the home Member State Competent Authority receives this information is called the ‘Start Date’ in this Protocol.
It is recognised that each home Member State Competent Authority will have its own procedures to satisfy itself about each of these requirements.
The host Member State Competent Authority will provide the requirements described in paragraph 2.5.4. in sufficient time for the home Member State Competent Authority to pass the information about the host Member State’s requirements to the IORP by the Expiry Date at the latest.