The Insurance Association Law

Original Language Title: Vakuutusyhdistyslaki

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Read the untranslated law here: http://www.finlex.fi/fi/laki/ajantasa/1987/19871250

In accordance with the decision of the Parliament, provides for: the General provisions of section 1 of Chapter 1 (20.3.2015/306) this law shall apply to mutual insurance company registered in Finland, according to the laws of the (insurance), which is engaged in insurance business in the territory of Finland.
The Insurance Association of kokonaismaksutulo shall not exceed EUR 5 000 000 per year. Insurance of the Association, or if it is part of an insurance group, the Group's responsibility for the total debt should not exceed EUR 25 000 000, and the future of reinsurance must not exceed 10% of the total amount of the debt or liability of the Association kokonaismaksutulosta. If any of the amounts provided for is exceeded for three consecutive years, the Association is to take a decision in accordance with the mutual insurance company of the Insurance Association of the change, Chapter 8. The Association shall be notified without delay to the quantities exceeding the Financial control.
The Insurance Association, which engage in fishing equipment insurance, commercial fishing, in addition to the support provided for in the Act on insurance (Regulation (EC) No 998/2012).
Those laid down in paragraph 2, the amounts may be amended by regulation, the Ministry of Social Affairs and health in the general price level developments.

Article 1 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: 1 section (December 29, 2009/1231) this law shall apply, according to Finnish law, the registered insurance Association.
The shareholders of the mutual responsibility of the Insurance Association-based insurance company, whose area of operation includes more than 40 municipalities in a uniform or carrying only fishing gear insurance.
If a big insurance association intends to engage in insurance activities laid down in paragraph 2, with a larger area or outside the territory of the Finnish State, its decision has to be made by the Association, the Association meeting of the mutual insurance company as amending chapter 8.
In this Act, large insurance associations are associations, which exceeds EUR 5 000 000 per year in income on insurance premiums, or who carry liability insurance other than liitännäisvakuutuksena, or at least half of the Association's members other than the Association of payment results. Other insurance associations are small associations referred to in this Act. Financial supervisory authority may lay down more detailed provisions on the Association of the Insurance Association, when the great changes the low insurance organization, or vice versa. The provisions of the financial controls can also provide more accurate, when the Association is in specified circumstances, other than in the context of the merger or the transfer the insurance portfolio by meet the requirements laid down in the General Association, after the Association has changed from a small, the Association for a great organization.
Insurance associations, which are engaged in fishing, shall apply, in addition to insurance, what instruments of fisheries insurance associations Act (331/1958).
The euro laid down in paragraph 4, the quantity carried forward may be adjusted by regulation, the Ministry of Social Affairs and health in the general price level developments.


1. (a) section (December 29, 2009/1231), section 1 (a), has been repealed by the L:lla/1231.


section 2 (December 29, 2009/1231) the Association's members are the policyholders. Warranty holders are also members of the Association, unless the Insurance Association.
Association may provide that for reinsurance the taking of that partnership.
The acquisition of the share of the Insurance Association of the warranty shall apply to the insurance companies Act (521/2008) provided for in Chapter 4 of the mutual insurance company to guarantee the acquisition of the share.


section 3 (20.3.2015/306) Insurance obligations of the Association the Association shareholders do not meet in person. However, the Insurance Association, the Association of lisämaksuvelvollisia insurance vakuutuksenottajaosakkaat are in accordance with this article.
In the event of an insurance loss or equity of the Association to have been incurred as a result of no longer meets the 10 (a) in section 2 (a), the requirement laid down in paragraph 2 of the article, or if the liquidation or bankruptcy proceedings of the Association's property is not enough to pay the debts of the Association vakuutuksenottajaosakkaille, the insurance shall, without delay, provide for an additional payment. An additional fee shall be in the amount of at least as great as in order to meet the requirements referred to above are needed, but up to a maximum equal to the sum of the premiums in the previous calendar year vakuutuksenottajaosakkaan maksuunpantujen. This applies only to a osakkaaseen, who was the Association's partner in the beginning of the calendar year in which the fee was imposed, unless otherwise provided in the Association.
If the number of shareholders during the run in accordance with the additional cost to him, it shall, without delay, to be ulosottotoimin the aid should be recovered. Subject to an additional fee to get the shareholder the amount, quantity, if it is still necessary to run the other shareholders, to be distributed to a maximum of the amount of the payment obligations of their more.
For payment together with interest on late payments is directly ulosottokelpoinen. The collection provides for the implementation of the law on taxes and charges (706/2007).

Article 3 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: section 3 (December 29, 2009/1231) Insurance of the Association for the obligations of the Association, the shareholders do not meet in person. However, the Insurance Association, the Association of lisämaksuvelvollisia insurance vakuutuksenottajaosakkaat are in accordance with this article.
In the event of an insurance loss or equity of the Association to have been incurred as a result of no longer meets the 10 (a) in section 2 (a) of subsection 2 of section 4 of Chapter 10 (a) the requirements set out in the Association's activities or a large insurance capital is less than 10 (a) in accordance with Chapter 3 of the guarantee amount, or if the liquidation or bankruptcy proceedings of the Association's property is not enough to pay the debts of the Association vakuutuksenottajaosakkaille, the insurance shall, without delay, provide for an additional payment. An additional fee shall be in the amount of at least as great as in order to meet the requirements referred to above are needed, but up to a maximum equal to the sum of the premiums in the previous calendar year vakuutuksenottajaosakkaan maksuunpantujen. Vakuutuksenottajaosakkaalla for the purposes of this subsection, which was the Association's partner in the beginning of the calendar year in which the fee was imposed, unless otherwise provided in the Association.
If the number of shareholders during the run in accordance with the additional cost to him, it shall, without delay, to be ulosottotoimin the aid should be recovered. Subject to an additional fee to get the number of article 10(a) of the amount, is missing, as far as the recovery is still necessary to run the other shareholders, to be distributed to a maximum of the amount of the payment obligations of their more.
For payment together with interest on late payments can be siezed without a court order or decision, as the implementation of the law on taxes and charges (706/2007).


section 4 (December 29, 2009/1231) the Association may engage in the movement as the movement of the Association, as well as the insurance referred to in article 5, as defined in the business of insurance-related activities (liitännäistoiminta).
The Insurance Association of insurance business must include not just the insurance categories (526/2008) of any of the activities for non-life insurance classes, but not to the statutory insurance, non-life insurance classes 14 and 15 of the 20 years of insurance and insurance for a longer period.
The Insurance Association of jälleenvakuutusliike Association may be only mentioned in non-life insurance gross premiums written in reinsurance in accordance with categories and category groups, does not, however, in another of the Association other than reinsurance underwriting retrocession.

4 this article is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: Great Insurance Association may, however, the order of the home country of the future, the Association reinsures in financial supervision in the field and, if of the opinion that the Association is in the conditions, including the corresponding foreign direct insurance.



section 5 (stations/365) in addition to the main activities of the Insurance Association may act as a non-representative of the insurance undertaking, as well as to market and sell the company's other services and products to clients, if the undertaking is: 1) in the European economic area, subject to public supervision credit institution, management company, investment firm or UCITS, alternative funds trustee; (7.3.2014/190) 2) in the European economic area other than a financial institution referred to in paragraph 1;
3 type) on the enterprise, which is engaged in risk management, damage control, a de facto activities against, or the provision of services or products; or 4), the services provided by the company, or by the products are complementary to those of the insurance products that the Association is selling either on their own account or as a representative of the insurance undertaking.
In addition, what provides insurance Association can agree that other than as referred to in sub-section 1, the company can use the Insurance Association and the Organization of the distribution channels in the marketing of its products or services, if: 1) belongs to the same group or the same insurance association with the economic Consortium; or 2) the company includes the insurance of the association with a group, with which the firm unity of the market and that it has a solid economic relationship.

The provisions of paragraphs 1 and 2 shall be carried out by the Association referred to in subsection where the nature of the insurance business in an appropriate and not in relation to the scope of the insurance activities of the essential. Liitännäistoiminta must not jeopardise the solvency of the Association and insurance benefits.
Insurance of the Association shall be drawn up in accordance with paragraph 1 and 2, the activities of the plan of action. The plan is to be accompanied by the strengthening of the Association or the order of the application for the change, which must be carried out without prejudice to the activities of the financial supervision. More detailed provisions on financial control can provide the content of the action plan. (7.3.2014/190)
Financial supervisory authority may decide not to and (2) of the order of the order of the Association, referred to involved if it is obvious that the operation does not meet the requirements laid down in paragraph 3, or if the insurance agreement, the proposed scale of the action, that the quality of a product or service, or comparable personnel in the required expertise on the basis of the facts does not have sufficient conditions to perform activities in a proper manner. Financial supervisory authority may afterwards to ban or restrict the operation of the Insurance Association where, if it no longer meets the requirements laid down in paragraph 3, or if there are serious shortcomings or irregularities have occurred. (7.3.2014/190)
When acting as a representative of the Insurance Association, in accordance with paragraph 1 shall clearly indicate to the customer, and the company's product or service in question and that the Association is not engaged in the activity on their own account and not a party to any new agreement on the product or service.


(5) (a) section (30.12.2004/1320) (5) (a) section has been repealed L:lla 30.12.2004/1320.


section 5 (b) (December 29, 2009/1231), section 5 (b) has been revoked by the Board of L:lla/1231.


section 5 (c) (December 29, 2009/1231) the Association may take credit only for the purpose of: 1) the necessary liquidity;
2) employee pension Act (395/2006) in accordance with the criteria referred to in takaisinlainauksena;
3) for the purposes of subparagraph 2 of the capital loan. or 4) business related to the normal account in the form of loans and the rest of the "deemed exports" to the form.
The Insurance Association can take a loan (capital loan), which: 1) to the principal, the interest and the rest of the credit will be paid by the Association in the event of liquidation and bankruptcy, just all the other debts of covering claims attaching to the whether;
2 the interest rate will be reset and otherwise) the capital costs only to the extent of the Association and, if the Association is emoyhdistys, the Group's capital and the number of loans at the time of payment of all capital exceeds the Association, for the last financial year shall be determined by the annual accounts of the off-balance-sheet or a newer version of the loss; the payment of the interest on the capital, as well as 3) or association or any of its subsidiaries, the community is not allowed to give a guarantee.
Insurance of the Association must be notified under paragraph 1 (1), (3) and (4) of the loans referred to in the financial control as the number of Financial control in more detail.
What is 1-3 on the right of the Association to provide credit insurance, the insurance subsidiary of the Association shall also apply as a community service to the company. The daughter of the community may, however, take credit for a parent from the Insurance Association.
Financial supervision may 12 in Chapter 6 (c) in the cases referred to in section prohibit the Insurance Association of credit.
Financial supervision of the Insurance Association, upon request, information on the individual case, may be a derogation from the provisions of paragraph 1.


Article 5 (d) (December 29, 2009/1231) the capital the interest rate you pay on the loan or other credit to reduce, for the last financial year, an amount that can be used to share in the profits.
The agreement in the capital of the loan shall be made in writing. Article 5 (c) the first subparagraph of article 1 (2) or (3) change the terms of the loan against the security referred to in paragraph 1 and is invalid. Equity loan 5 (c) of subsection 2, the return of capital, interest, and another against refund of the payment, as well as the adoption of the security referred to in subparagraph (1) shall apply to the distribution of illegal funds, what section 5 of Chapter 11, and chapter 16, section 8, paragraph 5.
Equity loans are with each other an equal right to the assets of the Association, except where otherwise agreed between the creditors of the Association and capital loans.
The reduction of the guarantee capital and repayment of the Association and of the Association in connection with a merger amount to the creditor the capital loan gets paid only when the said measure is registered.


section 6 (12 December 1996/1023) for the purposes of this law, a significant relationship between stakeholders sidonnaisuudella, which occurs when: 1) a natural or legal person directly or indirectly owns at least 20 per cent of the shares in a company of a member of the community, of the shares or shares of both of them;
2) a natural person or legal entity, directly or indirectly, of 20% or more of the shares of a company, a member of community shares, voting rights and the ownership of the number of votes based on this, the articles of Association, the articles of agreement, or similar eligible or to any other rules of the Treaty; or 3) a natural person or legal entity, directly or indirectly, has the right to appoint or dismiss at least one-fifth of a legal person, the members of the Board or a comparable, or one of the members of the institution, which has this right, and the right of appointment or dismissal is based on the same elements as the number of votes referred to in paragraph 2.
If a natural person has a participating interest within the meaning of subparagraph (1), number of votes or the appointment or the distinctive character of the right along with the spouse or spouses, ascendants of the person with the descendant or the spouse of such person or such a person, the person with the spouses, with the person who is otherwise a significant economic dependence, it is also a natural person, in the case referred to above in this paragraph in relation to him as being the person referred to in subsection 1 and the community or other legal person or association between an important linkage.
Significant linkage will also be created between two or more legal persons, who have the same natural person or legal entity.


section 6 (a) (December 29, 2009/12) in this Act, means a firm community, which produces services that are related to the main activities of the Insurance Association. In addition, the firm shall mean the community, the main of which is to provide services to one or more of the Insurance Association by owning, managing, or managing real estate. Service to the company shall be treated as a subsidiary of the Association of insurance firms, the housing and real estate communities.


Article 6 (b) (December 29, 2009/12) in this Act, means the ownership of the community of insurance shall mean a parent undertaking, the main business of which is to acquire and owns shares in subsidiaries which are insurance companies or non-member-country insurance undertakings, at least one of which is referred to in this law. As a community of property insurance does not, however, be deemed to be the Act on the supervision of financial conglomerates (699/2004) the ownership of the group covered by the scope of the community. For the purposes of this section, companies listed above, this section 1 of Chapter 12 (a) means a parent undertaking as defined in, a subsidiary of an insurance undertaking, a reinsurance undertaking, the foreign and non-member-country insurance undertaking.


Article 6 (c) (December 29, 2009/1231), for the purposes of this law, the State of the EEA-European economic area State.


Article 6 (d) (December 29, 2009/1231) Insurance of the Association to promote the activities of the Insurance Association is the management carefully.


section 7 (12 December 1996/1023) the Head Office of the Association shall be located in Finland.


section 8 (December 29, 2009/1231) the Association shall ensure the fulfilment of their duties as far as possible the smooth also in exceptional circumstances, by participating in the insurance sector, contingency planning and preparation in advance of the activity, as well as other measures in exceptional circumstances. Financial supervisory authority may grant derogations from the requirement laid down in this article, if it is justified by the nature of the activities of the Insurance Association of the size, or scope or other special reason.
If the resulting from tasks require such measures, which clearly differ from those of the normal activities of the Association to be held in the insurance and significant additional costs, such costs may be replaced by safeguarding security of supply (1390/1992), referred to the Security Fund.
Chapter 2 establishment of the section 1 of the Insurance Association (11.6.1993/483) the Association may set up one or more of the natural person or legal person (founder).
In at least one of the founders of the must be a resident or, if the founder is a legal person, established in the European economic area, unless the insurance supervisory agency shall grant this derogation. A derogation may be granted, if it does not compromise the effectiveness of supervision over the Insurance Association and the insurance of the Association in accordance with the principles of sound and prudent management of the business. (noon/709)
The legal person has its seat on the European economic area, when it is established in the European economic area, under the legislation of the State and when it has its registered office, Central Administration or principal place of business in the State of the European economic area.

To be legally incompetent, the prohibition imposed on the bankrupt or the business person cannot be.


the establishment of the Treaty must be made to section 2 of the paper, which must be dated and signed by the founding fathers.
The order of the EC Treaty should include a proposal for the Association, and shall state: 1) the founder of the full name and address of the place of residence of a natural person and a personal identification number, or date of birth in the absence of this, as well as the registration number of the legal entity, and in which the legal person is entered; (on 31 March 2000/340) 2) guarantee capital or, in the case of the ground on the ground and the donor of the Fund;
3) from each bond (guarantee) the amount to be paid by the Association and, subject to the guarantee of the nominal value, what part of the contribution of the Association in the amount to be paid shall be entered in the deposit guarantee reserves; (30 December 1998/1207) 4) the amount of the guarantee commitment to subscribe for the shares by its founders;
5) the period within which the shares other than the founding fathers by the warranty is important;
6) the period within which the shares must be paid are marked warranty; (on 31 March 2000/340) 7) when and how the meeting is called by the EC Treaty, unless it is in accordance with the third paragraph of article 8, be regarded as without; (on 31 March 2000/340), the establishment of the Association the Association 8) payable the maximum amount of costs or their estimated. (on 31 March 2000/340) (3) was repealed on 31 March 2000/340 L:lla.



section 3 (December 29, 2009/1231) the Association of the Association shall include: 1 the name of the Association, which must) include the word "Association";
2), the home town of a municipality;
3) the Association's activities and the classes and class groups, which behavior is intended to encompass, as well as activities carried out by the Association, Chapter 1, section 5 of the intended liitännäistoiminta.
4. the guarantee of the Association of capital and Base Fund) in the amount of the guarantee or if capital can be the order of the Association, without changing to lower or raise the minimum capital and its minimum capital, which must be at least one-fourth of the enimmäispääomasta, or, if the order on the ground of the minimum guarantee fund in the Fund of the Association without raises, and the maximum number of;
5 the nominal value of the shares or, in the absence of) warranty the warranty sections, the number of shares in the nominal value, warranty, or the minimum and maximum;
6) what has been ordered to be repaid to the highlight and its guarantee capital;
7) vakuutuksenottajaosakkaan for more obligation to pay insurance Association;
8) members of the Board of Directors and term of Office of the members of the potential replacement;
9) the term of Office of the auditor and deputy auditor; as well as 10) how the remaining assets are to be distributed in the event of liquidation of the Association.
If the Insurance Association is going to use the name, the second the name of the Finnish language, the term is both mention the Association.
If the guarantee capital is divided into shares, the shares of the guarantee the guarantee will be samanmääräisiä.
If the provisions of paragraph 1, the Association of the order of the provisions of the insurance relationship shall not be taken.


section 4 (20.3.2015/306) Insurance of the Association the Association policy and the changes shall apply for the confirmation of the financial supervision.
The financial control shall establish the order in which the Association or its amendment, if the proposed insurance is the kind of obligations arising from the pursuit of the Association's activities, taking into account, in case the conditions are disproportionate to its responsibility-bearing capacity.
The financial control shall establish the order of the Insurance Association, the Association of the order of the strengthening of the activities of the Association, if it can be assessed when applying for the cross-border section 1 of Chapter 1 (2) of the ceilings laid down in the next five years.

The amended article 4 of Regulation (EC) No 1467/2015 L:lla shall enter into force on the 1.1.2016. The previous wording is: section 4 (on 31 March 2000/340) to changes in policy, and the Insurance of the Association the Association must apply for the confirmation of the insurance supervisory agency.
The Agency shall establish the order in which the Association or its amendment, if the proposed insurance business is such that the obligations arising from the conditions for the pursuit of the Association's activities, taking into account, in case are disproportionate to its responsibility-bearing capacity.


section 5 (May 19, 2004/417) Insurance Fund guarantee capital and base of the Association (original own funds) will have a total of at least 42 000 euros. The establishment of the Insurance Association of original own funds must be paid in cash.

2 this article is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording of is: If the Association's activities includes the person for the purposes of the insurance or the Association's activities cover more than 25 original own funds, will be at least EUR 84 000.

The nominal value of the share in order to guarantee Association. In the absence of a nominal value, the counter book value of each share shall be calculated on the warranty by dividing by the number of shares in the capital of guarantee the guarantee. The accounting value of the nominal value of the newly-laid down shall apply, unless otherwise provided for in the rest of the law.
This section may be laid down in the euro equivalents of the Decree of the Ministry of Social Affairs and health, and the changes that have occurred in the general price level to change to match.


(5) (a) section (on 31 March 2000/340) with the insurance supervisory agency shall decide the order of submission of the Association or not, within six months of the application, the stipulations and to resolve the issue of the necessary documents and the submission of the reports.
If the decision is not adopted within the period prescribed in subparagraph (1), the applicant may make a complaint. The appeal shall be considered in this case, the appeal against the decision on the application. Such a complaint may be made, until the application has been given to the decision. The adoption of the decision of the financial supervisory authority, shall be notified to the appeal authority. The processing of the complaint and provided for the remainder of the Act on financial supervision (889/2008). (19 December 2008/896), section 5 (b) (12 December 1996/1023), the Association of the order is not confirmed, if: 1) natural or legal persons and the important linkage between the Insurance Association is expected to materially interfere with insurance checks; or (29.1.1999/81)) to be set up on the important sidonnaisuudessa of the Insurance Association of natural or legal persons with which a State which does not belong to the European economic area, or of its elements in the framework of the implementation of the legislation is expected to materially interfere with the carrying out of controls referred to in paragraph 1.


section 6 of the Insurance Association's guarantee portion shall be marked in the document (the document), which is connected to the fixing of the order of the articles of incorporation and Association insurance decision. The Association may not rely on any other way, if the label of the guarantee on the portion of the registration of the Association reports an error marker before the registration authority. (on 31 March 2000/340)
If the share is marked by the terms of the warranty, which is not in accordance with the provisions of the EC Treaty, is the entry invalid. If the invalidity of the registration of the Association is not notified to the registry authority in advance, there is an inscription on a marker, however, the binding. The marker is not in this case, you can rely on that.
Then, when the Association is registered, you cannot justify the entry of nullity of the marker rely on the fact that the conditions in the Treaty have not been fulfilled.


the adoption of section 7 of the Entry and the number of shares to be issued for warranty merkitsijälle decide to the founders. If the founder is the memorandum indicated that they meant a certain amount of guarantee, to him shall be given not less than this amount. The instrument shall be accompanied by a decision on the approval of the guarantee percentage, which is not made of the instrument. (on 31 March 2000/340)
If the warranty shall not be given without delay to the flag in accordance with the founding fathers of the inform the subscribers.


Article 8 of the Treaty on the establishment of the Association will be decided at the Insurance. Meeting must be held within a year of the Treaty, when the Association of the order has been confirmed.
If the Association has only the bottom portion of the guarantee fund or, if the owners are not members of the Association, shall decide on the establishment of the Association of its founders.
If all warranty units are marked and approved the establishment of the markers are in agreement, or if it is decided, in accordance with paragraph 2, may be an organizational meeting to keep without an invite.
In the case referred to in paragraph 3, other than the one of the founders of the Treaty establishing the general meeting must be called with a rallying point for the markers as set out in the EC Treaty. Entry lists and documents referred to in the EC Treaty by the founders for a period of at least a week before a meeting of shareholders by the Board of Directors to keep the number of subscribers in that place.
At the of the EC Treaty and the memorandum and the founding fathers is present the original of the documents referred to in paragraph 4. It is also the acceptance by the guarantee of the founders notify the corresponding number of shares, the shares in the distribution of the units under warranty to subscribers and the amount of the guarantee. This information is to take the minutes of the meeting.

If the meeting is proposed to amend the provision in the EC Treaty, the decision on the establishment of the Association is not to be done before a decision is taken in response to the proposal. If the order of the EC Treaty, the decision of the meeting of the Association shall be decided to change the establishment of the Association is not to be done before the insurance supervisory agency has confirmed the Association of the order of the changes. (on 31 March 2000/340), section 9 of the Insurance Association has been set up, if the establishment is section 8 of the limits mentioned in paragraph 1 to the Treaty Conference, held a majority of the votes cast by merkitsijäin and supported at least two-thirds of the shares, or by the meeting of the edustetuista of the warranty in section 8 of the Act in that case, two-thirds of the of the founders of, and if it can be demonstrated: 1) of the Treaty establishing the meeting of the Association of the order has been confirmed;
2) that the shares have been entered, and all warranty and guarantee fund has been paid to the contributions of the Association to the deposit Bank in Finland or the legitimate foreign deposits to the account of the branch of a credit institution.
(on 31 March 2000/340)
If that is not the case, the establishment of the Association to be regarded as withdrawn. In this case, the founders are jointly and severally liable for the amount of the contributions paid and entered the bottom of the guarantee fund, as well as the return of the proceeds.
When the Association is set up, the meeting of the Association shall be the elections. The amount of the guarantee fund and paid for on the ground must not be used before the Board is selected. (on 31 March 2000/340)
Otherwise, the constituent Assembly meeting of the Association for the respect of the points to be followed, mutatis mutandis, to the provisions of this Act and the provisions of the order of the society.


9 (a) of section (on 31 March 2000/340) If the share of the deposit has not been paid on time, the Board shall, without delay, the amount of the fee shall be delayed. The Government will be able to say the right to guarantee a share of the proceeds, if the amount is not paid within one month of the delayed interest, subsection 2, of the end of the period referred to in paragraph 6.
If the warranty is lost, the Government can provide guarantee for a share of the new merkitsijälle, which is the proportion to be paid by the amount of the guarantee, without delay, carry out an overdue. The Government is reporting for registration of the Association shall invalidate the warranty before shares which are not fully paid. The Government's decision to guarantee any cancellation of shares shall be accompanied by the instrument.
If the guarantee percentage will be cancelled on the ground referred to in paragraph 2, the share of the payment of the guarantee and each marked failed to return for one-third of the guarantee shall be obliged to carry out the share of the amount to be paid to the Association.
What the Government in this article, the founders of the Association, shall apply mutatis mutandis to insurance until the Association has been set up in accordance with article 9.


section 10 (December 29, 2009/1231) the Association shall, within three months of the decision on the conclusion of the Treaty, inform the registration. The law provides for the registration of the trade registry (129/1979). Warranty the guarantee of equity capital will be registered and the total nominal value of the shares less any subscribers 9 (a) of the nominal amount of the shares in the closing balance sheets for the voided warranty. If the face value of the guarantee, the guarantee does not include recording and reporting of contributions from the capital in the calculation of the nominal value is used instead of the first subparagraph of article 2 (3) of the amount of the guarantee capital important. In addition, the amount of the Fund to be registered on the ground.
Register the notification shall be accompanied by: 1) a statement that the Association of the order has been confirmed;
2) insurance of the Association of the members of the Board and the Managing Director to the effect that the Association has complied with the provisions of this Act, as well as the guarantee fund for the amount paid in contributions and the ground is owned and controlled by the Association;
3) statutory auditors, certifying that the provisions of this Act for the payment of guarantee capital and base of the Fund have been complied with.


Subject to article 11 of the Association under section 10 of the said period of registration of the mark applied for have been reported or if denied, on setting up a statute-barred.
The members of the Board are jointly and severally liable for the amount of the contributions paid and entered the bottom of the guarantee fund, as well as the return of the proceeds, after deduction of section 13 of the measures referred to in subparagraph (1) of the costs incurred.


the contribution of the amount to be paid under section 12 of the Warranty may not be guaranteed a share of the nominal value or, in the absence of a nominal value, of the guarantee of the establishment of the Association No 2, section 2, subsection 2, a significant amount of equity capital referred to in paragraph 3. (30 December 1998/1207)
Check the label to be based on the acquisition of the share of the debt guarantee Association can only take place with the consent of the Government. Consent will not be given, if it would cause damage to the Association or to its creditors.
The Association shall be made available, and to pledge their contribution on the basis of the guarantee to the subscription. If the Association is declared bankrupt, is getting the estate.
If the guarantee percentage will be handed over to another before it is fully performed, the amount to be paid is also the successor to the list of a significant share of the responsibility for informing saantonsa of the guarantee of payment of the balance.


section 13 of the registration cannot obtain insurance prior to the rights of Association and to make binding commitments and not to apply for the position, or to respond to the courts or other authorities. The founders may, however, before the meeting of the EC Treaty concerning the establishment of the Association of used and otherwise, to take measures to guarantee payment to the importance of the contribution.
On behalf of the Association for the purposes of the registration of the obligation before it suffered similar action participated in or agreed to jointly and severally. The obligation which has arisen following the Treaty of or responsibility, however, to the Association after it has been registered.
If the registration of the Association on behalf of the agreement before it with a person who knew of the Association to be unregistered, can he, the absence of agreement to the contrary, to give up the registration of the agreement, in the event that the application is not made within the time laid down in article 11, or to the registry authority has refused the registration of the Association. If the Contracting Party did not know of the Association to be unregistered, can he give up on the agreement until such time as the Association is registered.
Chapter 3 section 1 of the Insurance Association of the guarantee of the capital guaranteed the equal rights of all shares of the produce Association. The Association may, however, be provided in order that the Association is covered by the warranty or that may be given. At the same time, the proportion of species must be mentioned in the various differences between the guarantee and the number of shares of each of the holders of the guarantee.
Association of the order may provide that the guarantee can be provided for in order to convert tietynlajinen to another type of warranty. After the conversion, the resulting change in the order of the Association has been established, for the purposes of the registration of the notification of the measure without delay. When the registration is submitted, it is considered a conversion täytäntöönpannuksi.


section 2 of the Guarantee may be entitled without restriction to fold and have the order, unless the law or an association. Association of the order of these rights may be restricted only in accordance with article 3 and 4.


2. (a) section (28.12.2001/1525) the securities of the Association shall not be taken of the Finnish securities market Act (495/1989), Chapter 1, section 3 of the public referred to in trading.
The provision to the public of securities shall be the Insurance Association, that the securities cannot be referred to in the securities market law of public trading.


section 3 (December 29, 2009/1231) Association, it may be provided that the warranty holder, an association or any other person shall be entitled to claim any association with the owner as to the acceptability of a warranty. The strike in an expression is determined, which is the legitimate right of redemption and how many redemption of mutual priority is determined by the.
Unless the Association prescribe differently: 1) ransom the right applies to all sorts of regulations;
2 the guarantee portion of the same for recovery) are all redeemed;
3) the strike price is the fair price of the share on the date the warranty vastikkeellisessa saannossa in the absence of the rest of the report is considered the agreed price;
4. the Government shall guarantee the transition to the share) to who is entitled to claim the warranty accounts, in writing or as an invitation to the Association general meeting will take place within one month after the warranty has been notified of the transition Government of the contribution;
5) redemption should I put forward the claim, the exercise of the right of association or association, the beneficiary of the guarantee share redemption within two months from the date of the transition to the share of the Government has been informed of the warranty; as well as 6) the purchase price shall be carried out within one month of the expiry of the period referred to in paragraph 5, or, if the redemption price is not fixed, the redemption price.
Under paragraph 2, the time limits referred to in paragraphs 4 to 6 of the Association cannot be extended.
Before it is clear whether or not the right of redemption, not as a guarantee, which the share has moved, no association other than the right to guarantee the right to a share-based, in the allocation of funds and the privilege to guarantee a share placement. Warranty rights and obligations arising from the share issue will move to the right of redemption.

The Association may claim a share of the resources of the guarantee only, which can be used to share in the profits. The strike decision is made, the Association meeting by a simple majority. The proposal for a decision, and the decision shall specify the redemption price of the shares and cashable deposit payment time. For the rest, the strike that a decision is subject to Chapter 5, section 1, what's 3-5 of the decision on the reduction of capital, under warranty. Redeemed the guarantee percentage is set aside or surrender. The warranty shall apply to the share of the revocation, Chapter 5, section 3 and section 6 of the regulations. The warranty provided for the disposition of the share of the still (5) (a) in section 4 of chapter.


section 4 (December 29, 2009/1231) the Association may provide that the guarantee to obtain the consent of the Association is required to share the supply measures. A provision does not, however, apply to the warranty that is acquired by compulsory auction or bankruptcy estate.
Consent has been given shall be determined by the Board, unless the Association subject to the order. Association of the order of the provisions of the conditions of consent can be taken. If, at the same time, the yield is acquired a number of warranty, the issue of consent has been given must be resolved in the same way for all of them, unless the Association prescribe otherwise.
If the solution is not in writing, the consent of the notified the applicant, within two months of the arrival of the Association or the Association provided for in the application in a shorter period of time, the consent shall be deemed to have been adopted.
Before the adoption of the agreement, the transferee is not a guarantee of the right of Association, the right to change the proportion of the allocation of resources for and the priority of the guarantee as a percentage of the bonus issue. On the basis of priority right derived from the consent of the Association that the warranty is no better than this.


4. (a) section (30 December 1998/1207) If contributions from the face value of the guarantee of the Association, the Association is not meeting may 7, as provided for in chapter 17 of the number without an increase in the guarantee units decide to increase the capital of deposit or to reduce the number of shares without reducing the number of the guarantee the guarantee capital. The reduction must be adding and warranty, as well as the proportion of species in relation to the shares of the holdings of the guarantee. The shares of the Vähennettäviä guarantee applies, mutatis mutandis, in Chapter 3, 6 and 14.
The new warranty the warranty provided by the holder of the shares rights applies, mutatis mutandis, to section 8 of Chapter 4 provides. The warranty shall be deemed reduced the number of shares, the decision has been registered.


§ 5 Warranty percentage can be set only to a designated person and it will be issued only to the owner of the guarantee the guarantee percentage on the list marked share. The proportion of the guarantee the guarantee may relate to more than one. Guarantee share of record will not be given before the society, or the increase of the guarantee capital is registered, as well as full payment guarantee contribution been paid.
The warranty in the name of the share of the Association's work must be mentioned in the register and the registration number, as well as the proportion of the guarantee or warranty. The proportion of the guarantee must be dated and signed by the person authorized by the Board or Board. The signature can be run by pressing or by other, comparable to the way. (on 31 March 2000/340)
If the Association cannot guarantee the adoption of two or more classes of shares in the share of the book, be the type of guarantee the guarantee shall specify the proportion of the shares in the guarantee. If the Association is article I, section 2, or section 3 or 4 of the intended or that the warranty holder can be set to an obligation to make special payments to an association, it must be mentioned in the guarantee percentage. In addition to the warranty set out in Chapter 5, section 5, must be mentioned in the share section of the Association of the order of the order of the arrangements referred to in paragraph 2. (on 31 March 2000/340), section 6, if the Association due to the redemption of the share, or the Association of the warranty being extracted to make payment to the owner of the share, the share of the guarantee the guarantee document shall immediately be made. (on 31 March 2000/340)
If the proportion in the context of the guarantee to the cancelling of the second book, is a guarantee of a share in the fact should be mentioned.


section 7 of the Association at the request of the owner of the share, the Government is obliged to guarantee to guarantee the share of contributions from the warranty documents.
At the request of the Board of Directors shall guarantee holder a reasonable fee, shall provide a warranty or guarantee of the sharing percentage share of books to change the mail merge or other, if there is a question of the same class warranty.


section 8 (on 31 March 2000/340) prior to the adoption of the share of the Association can provide a guarantee to the designated person, the certificate on the right to set one or more of the warranty and the warranty for the condition of the adoption of the share that contains only the return of the certificate (väliaikaistodistus). The certificate should make note of whether the guarantee accounts paid in full, and at the request of the entry. The signature of the certificate and the certificate of the information to be considered valid, article 5 (2) and (3) the guarantee portion of the book.


section 9 If the guarantee percentage or väliaikaistodistus or being mortgaged, must accordingly be applied, what the bond Act (633/47), 13, 14, and section 22 of the Act is provided for promissory notes. The application of the provisions referred to, which is a guarantee of a share, or väliaikaistodistus and that the document of the association according to the owner of the mark by a marked share of list, be treated as a guarantee by which the promissory note section 13 of the law of the right is required to be shown by the promissory note.


section 10 of the policy, the Association has been set up, the Government should promptly draw up a list of the Association of all warranty (warranty contribution list). The share of the contributions shall be entered in the inventory of the guarantee or the guarantee documents in numerical order, the date of issue of the name and address of the holder of the guarantee. (on 31 March 2000/340)
The share of owners must be alphabetical list of warranty, which shall contain the information referred to in subparagraph (1) of the person as well as an indication of the number of shares owned by each of the warranty.
If the Association is two or more classes of shares, the proportion of the guarantee the guarantee will be in the list, and the list of the owners of the share turning to occur, where the proportion of each type of warranty.
The proportion of the contribution of the guarantee the guarantee on the owners to keep the list and the list can be considered reliable in the form of loose-leaf binders or card in the system and they can be made out of a data-processing technique or other comparable manner.


Article 11 of the Takuuosuudensaajan Association as reported by recovery, which has been a reliable statement as well as stamp duty provided for in the settlement, as well as the guarantee of a share of the list points to the Association without delay a significant proportion of the notified change is on the list of the guarantee and warranty on a list of the owners of the share. The inscription is dated. If the warranty holder or one of the other is in accordance with paragraph 3 of the squeeze-out, or if the guarantee referred to in section 4 of the consent required for the acquisition of the share, no marking, however, allowed to do before, it has become clear that the right of redemption in use, or before consent was given.
If the last contribution of the guarantee the guarantee percentage of the transfer has not been entered in or väliaikaistodistukseen in an open wire, is a guarantee of a share, or väliaikaistodistukseen to be the new owner of the name before the title deed will be recorded in the lists. An association to the warranty certificate must be accounted for in the book or the labelling of väliaikaistodistukseen and its date.


section 12: the proportion of the contribution of the owners of the guarantee the guarantee list and keep the list shall be kept for inspection by the public in the Office of every home on the management of the Association, which is used to treat (principal place of business).
Everyone is, after replacing the Association's expenses, the right to obtain a copy of the list of the owners of the share the share of the guarantee and the guarantee to be held in the list or their parts.


section 13 of the Takuuosuudensaajalla does not have the right to use the warranty to the owner of the share rights of the Association before he has been included in the list or the guarantee Association, he has indicated the proportion of saantonsa and provided by the report. This does not, however, apply to the right of a guarantee to the share that will be used by, or give a guarantee given by the Association of a specific share of the book, or any other certificate.
If more than one is owned by the warranty, they can make use of the warranty to the owner of the share rights of the Association through a common representative.


section 14 if the guarantee accounts in the book of this law, shall be equipped with a label or if it is an association meeting, on the basis of the decision to replace the guarantee distribution in two or more of the share of the Association may retain the warranty, the warranty for the 2nd leg of the upcoming interest rate, until the book is called the end of the guarantee percentage. The same thing can be done, if the guarantee percentage of the book is to be replaced as a result of the tietynlajinen according to the share of the Association provision of the guarantee must be converted to another type of warranty.
Chapter 4 section 1 of the Guarantee the guarantee an increase in the capital of capital can be increased by increasing the fee for a guarantee or warranty of the nominal value of shares for a fee.
The increase in equity capital to decide the Association meeting. If you change the order of the guarantee capital increase calls for the Association, the Association must apply for a change in the insurance verification as specified in this law. The decision to increase the equity capital shall not be made before the registration of the Insurance Association. (on 31 March 2000/340)
What's the purpose of this chapter is provided for the increase of the equity capital, is similarly applied to the formation of equity capital.


section 2 (December 29, 2009/1231)


Guarantee capital only insurance Association is the prerogative of the new warranty the warranty holder (right), unless the Association.
Shares issued in the Association meeting may decide to derogate from the ' pre-emptive right to subscription, if the point of view of shareholders from the Association. The decision shall be valid only if it has been supported by shareholders holding at least two-thirds majority of the votes.
The use of the period of pre-emption must be at least two weeks after the start of the subscription period.


section 3 (December 29,/1231) the Government's proposal for a decision on the rights issue shall be 4 sections: (1) in addition to the information mentioned in the criteria by which the exercise price will be determined. If it is proposed in addition to the deviation from the pre-emptive right to be accompanied by a report on the reasons for it, it is. If the deviation from the proposed insurance companies Act Chapter 8, section 11, of the Association as referred to in paragraph 2, the insider, the proposals must also be reported, how much he is owned by the Association of the guarantee capital and how much he or she is an Association of all guarantee to the rights issue of shares voting rights before and after that, if he means everything to him, the Board may otherwise the guarantee offered shares and shall be entered in full.


3. (a) section (on 31 March 2000/340), unless the Association meeting to deal with the financial statements, the proposal referred to in paragraph 3 shall be accompanied by: a copy of the last financial statements 1) for the last financial year the profit or loss for the decision of the general meeting of the Association;
2) if the end of the last financial year is an association meeting by more than six months, the financial statements, which may not exceed four months older and which has been drawn up and checked in accordance with the provisions of the financial statements, where applicable;
3 to the financial statements and the report of the Board) when preparing the financial statements, which have occurred since the Association's position essentially affect;
4 opinion of the statutory auditors and the Board of) the amount referred to in paragraph 3.
If the proposed deviation from the pre-emptive right, the proposal shall be accompanied by the statement of the Auditors of the criteria by which the exercise price is determined, and the right to differ materially from those reasons.


section 3 (b) (December 29, 2009/1231) the general meeting of shareholders shall be presented in the proposal referred to in paragraph 3 of the main content and specify the action to be taken in order to exercise his/her right of the holder of the pre-emption rights.
The proposal, including its annexes, shall be kept for inspection by the shareholders and holders of the Association Headquarters for at least one week before the meeting of the Association and with the least possible delay, send to the shareholder or warranty to the owner of the share, which it calls, as well as display the Association meeting.


section 4 (December 29, 2009/1231) an increase in the equity capital, the decision shall contain: 1. the guarantee shall be increased by the amount by which the capital) (from);
2) which type of new shares in the event of an insurance guarantee Association, is or may be two or more classes of shares of the warranty;
3) to the holder of the pre-emption privilege to subscribe for shares in the future, or who otherwise the guarantee is a guarantee of the right to subscribe for shares;
the share subscription period, as well as 4) guarantee it a shorter time, less than one month after the start of the subscription period, during which the holder of the pre-emption can use etuoikeuttaan;
the nominal value of the share of the warranty and warranty 5) share of the amount to be paid;
6) the time within which the guarantee portion shall be paid; as well as 7) the basis on which the guarantee is provided by the register of the shares in respect of which the privilege is not the amount of time spent, as well as the basis on which, in the event of the ylimerkinnän is the warranty, which is not marked on a pre-emptive basis, subject to the Government given the right to decide these matters.
In Chapter 3, section 2, subsection 2, 3 or 4, or 5 in Chapter 5, section 2, subsection 2, of the guarantee in accordance with the control of the new shares, or a new guarantee to shareholders may be the association according to the order set an obligation to make special payments to an association, ascribed the decision shall specify the subject of it.
If the content is different from the from the decision as to what has been mentioned in the notice convening the meeting, the holder of the pre-emption shall inform forthwith the decision as an invitation to the Association general meeting will take place. At the same time be informed of the action to be taken, the holder of the pre-emption if he wants to use the etuoikeuttaan. The subscription period does not begin to run before the announcement.


section 5 of the New warranty element can be entered by using the right of set-off, if it is taken from the decision and order, the Government has given its consent. The documents shall be kept by the Board of Directors of the Association of the headquarters of the Association for at least one week before the shareholders ' meeting and shall be sent without delay to shareholders who request it, as well as set at the Association meeting.


section 6 of the New guarantee portion is a major entry to the list, which includes from the decision. A copy of the order, the order of confirmation of the change, the Association, the Association of insurance, together with the first subparagraph of article 3 (b) and 5 of the inspection of the documents shall be accompanied by an entry in the list of subscribers to the list, or by the Board of Directors in the place. (on 31 March 2000/340)
If the provisions of paragraph 1 of the guarantee account for non-compliance or, under certain conditions, is similarly applied, under section 6 of Chapter 2.
When the warranty on the share shall be entered in the share register, the warranty shall be presented and labelled it, that the privilege has been used.


in accordance with article 7 of the decision, unless the amount of the guarantee from the shares, not the entry over a period of marked, are sympathetic to the decision and the change in the order of the corresponding Association. In this case, the amount paid is entered as soon as the warranty of the shares to be returned.
Equity capital from the decision and order of the result of the increase, if the Association is to be changed, the change shall be notified to the order of registration of the Association, provided they are not, the lapsed. Registration is subject to the condition that the increase is entirely paid in cash for the deposit in a bank or savings association in Finland, qualified to receive a foreign branch of a credit institution to the account. (on 31 March 2000/340)
Register the notification shall be accompanied by all the members of the Board and Chief Executive Officer of the Association to the effect that the guarantee of compliance with the provisions of this Act, the capital increase and that the increase in the amount paid in is an Association of registered ownership and control. The notification shall also be accompanied by a certificate from the Auditors of the Association, that the provisions of this law, the guarantee of the capital charge have been complied with. (on 31 March 2000/340) of section 8 in the absence of such notification within one year of the guarantee capital increase has been done from the decision or if registration is denied, it is to be followed, in article 7 has been said.
Based on the fact that the registration of the guarantee capital shall be deemed to have been delivered.
The new guarantee portion to interest rate and other rights to the Insurance Association from the date on which the increase is registered, unless otherwise set to the decision. However, no later than one year after the registration of the rights to begin with.


section 9 (on 31 March 2000/340), Chapter 2, 9 (a) and in article 12, shall apply by analogy to the shares issued. Check the label to be based on the share of the acquisition of the debt guarantee Association is in addition, in effect, what this article in Chapter 5.


Article 10 (on 31 March 2000/340), section 10 is repealed on 31 March 2000/340 L:lla.
Chapter 5 (on 31 March 2000/340) Guarantee the repayment of capital reduction and 1 section (December 29, 2009/1231) Insurance of the association liable equity capital will be reduced only in accordance with the established balance sheet: 1) in order to conceal the loss of immediate, where free private capital and reserves are not enough;
2) the Association or any of its subsidiaries in the cancellation of the guarantee of the Association's contributions to the community.
The reduction of the guarantee capital decide Association meeting. The decision shall not be made before the registration of the Insurance Association. The decision shall be valid only if it has been supported by shareholders holding at least two-thirds majority of the votes. If the liable equity capital, it is proposed to be reduced by any means other than in relation to a uniting of interests, the guarantee required by the owners of the shares, in addition to the consent of the holders of the guarantee, which the decision relates.
The reduction of the guarantee capital, the decision shall specify the purpose of the reduction of the guarantee capital: 1);
2. the amount of the guarantee capital reduction), takuuosuuslajeittain;
impact of the reduction of the equity capital of the Association 3);
4) the order in which the shares of the warranty will be void.

The proposal for a decision is to be under the third paragraph of information. If the liable equity capital, it is proposed to be reduced by any means other than the warranty in relation to the proposal for a decision of the owners of shares holdings, a statement of the reasons for it, to report on the impact of the reduction in the guaranteed ownership of the shares and voting power among the Association, as well as explain how a large part of the insurance companies Act, Chapter 8, section 11, subsection 2 of the related parties within the meaning of the guarantee of the capital is owned by the Association and the proportion of the voting rights of the shares, he is a guarantee before and after the reduction of the equity capital. If the liable equity capital shall be reduced in proportion to the share of the owners other than issuing the guarantee, the proposal for a decision shall be accompanied by a proposal for a reduction of reasons mentioned in the Auditors ' opinion. The annexes to the draft decision in Chapter 4, section 3 (a) shall apply to the otherwise: of the 1 and 2.
The meeting invitation, the owner of the nähtävänäpitoon of the proposal for a decision and the share of Chapter 4, section 3 (b), apply to the notification of the decree and article 4.
In addition to the provisions of this chapter, the reduction of the equity capital of the Insurance Association, and the repayment of capital, shall apply to the stock of the companies Act (624/2006), Chapter 2, section 14, subsection 2 and paragraphs 3 to 7 of the stock of the company's share capital to cover a loss in the immediate window, where private capital is not enough. What are the provisions of the companies Act, referred to the creditors, shall apply to the Insurance Association, other creditors than the vakuutusvelkojiin.


section 2 (December 29, 2009/1231) if other creditors than the vakuutusvelkojilla to the companies Act, chapter 14, section 2, for the purposes of paragraph 2, the situation, the right to object to the sharing of the Insurance Association of the capital guarantee to shareholders, the Association must be applied for before the consent of the financial supervision decision to split equity sharing.
The financial supervisory authority is to give his consent to the transfer of the application referred to in paragraph 1, subject to the guarantee of the free sharing of capital to shareholders does not jeopardise the interests of the insured. In addition to the consent of the financial supervision shall be subject to chapter 14 of article 11, and article 15 (1) of the competition act. Financial supervision has the right to assign the necessary conditions for the adoption of the agreement in order to safeguard the interests of insured persons.


section 3 (on 31 March 2000/340) if the Insurance Association of the order of reduction of the equity capital required to change the Association, the Association must apply for a change in the insurance confirmation as this is required by law. Subject to the decision on the registration of the reduction of the guarantee capital indicated in question within one month following the date on which the Office has confirmed the decision of the Association of the order of the change, reducing falls. Guarantee capital shall be considered a change in the order of alennetuksi, the Association is registered.


section 4 (December 29, 2009/1231) of the companies Act, Chapter 3, paragraph 14, of the month period is to be calculated from the time the financial control is given in section 2 of this chapter referred to in subsection consent to the sharing of the Insurance Association of the capital and has been confirmed by the financial supervisory authority referred to in article 3 of this chapter, the Association to change the order. The stock of the companies Act, chapter 14 of the register referred to in paragraph 3 of the task, the application shall be accompanied by a statement of the financial control of the consent order and the Association.
The Insurance Association, is the latest of the companies Act, chapter 14, section 4, for the purposes of the registration of the day submit to the authority a statement that the consent of the financial supervisory authority, has the force of law. If the consent of the financial supervision has not received any legal force, no later than the date referred to above, the registration authority shall suspend the proceedings before it until such time as agreement has the force of res judicata.
The Division of insurance capital of the Association may be carried out, when a reduction or a free equity sharing is registered under the companies Act, chapter 14, section 5.


section 5 (on 31 March 2000/340) Insurance guarantee capital of the Association or a part of it can be paid back according to Chapter 11, section 2, of the assets by the number of votes they entitle the ground corresponding to the Fund repaid. Guarantee the repayment of capital to decide the Association meeting.
Association shall comply with the order, as well as in full compliance with the guarantee of the capital guaranteed the price to be paid to the contribution or its calculation. The procedure for provision of the guarantee capital which will be taken in the order may apply to the Association, only after the decision of the major shares of the new guarantee, if all warranty holders have not given their consent.
Association of the order is to make the necessary changes, when it has been decided to pay back the guarantee units.


section 6 (on 31 March 2000/340) the amount of the guarantee capital for a reduced rate or takaisinmaksettua guarantee portion shall be removed from the list, and the proportion of the contribution of the guarantee the guarantee is unfit for the task.
5 (a) in the figure (on 31 March 2000/340) Personal guarantee portion 1 section (on 31 March 2000/340) the Association may, against payment of the guarantee is the only way to acquire its own shares as provided for in this chapter. The Insurance Association may take their own warranty units as security only in the manner provided for in paragraph 2.
On receipt of the movement in the event of the merger or otherwise of the associations of Insurance Association may acquire or having to keep a share of the Association of the insurance guarantee issued. The Insurance Association has the right or obligation to redeem the warranty in section 3 of Chapter 3 in the cases referred to. The Insurance Association receives the receipt of the Insurance Association, the auction to buy the warranty ulosmitatun fully paid share.


2 section (on 31 March 2000/340) the Association or any of its subsidiaries, the community may not be a guarantee of the Association. If the Association is meant in the context of the warranty shall be deemed to have subscribed for shares since its inception, the founders of the warranty. If the Association is meant to guarantee the shares shares issued, members of the Board of Directors and the Managing Director shall be deemed to have subscribed for the warranty. Markers are jointly and severally liable for the subscription price for an extra fee. Merkitsijänä does not, however, be deemed to be the person who shows that he objected to the entry, or that he did not know and he should not have been aware.
It, which is, in its own name on behalf of the Association, shall be deemed to have indicated in the guarantee units have subscribed for the shares for their own account, under warranty.


section 3 (on 31 March 2000/340), the Association may have their own warranty units other than section 2, in the cases referred to in the only assets that can be used to share in the profits. Association meeting to decide on the acquisition, mutatis mutandis, as provided for in Chapter 5, article 1 of the decision of the general meeting, on the proposal for a decision of the Association, at the invitation of the nähtävänäpidosta, and the notification to the shareholders. A decision on the acquisition of their own warranty Association meeting will be made in Chapter 7, as provided for in article 17, by a qualified majority.


section 4 (on 31 March 2000/340) to an Association of their own Association to guarantee the transfer of the shares. Association meeting, the presentation of the proposal for a decision, the decision, the meeting invitation, the contributor and is the owner of the subscription in the share of the privilege, to the shareholders and to shareholders as well as the notification of a decision to register the Association meeting, shall apply, mutatis mutandis, to what the increase in capital provided for in Chapter 4 of the warranty.
The warranty shall not be extradited to a share of the record before it has been paid in accordance with the decision of the transfer price.
The knowledge acquired by the private share of the Insurance Association of the guarantee shall be released at the latest within three years of their acquisition.
The guarantee, which has been acquired contrary to the provisions of this chapter, shall be handed over without delay and at the latest within six months of their acquisition.
If the warranty shall not be released within the time limit laid down in paragraph 3 or 4, guarantee capital is the sum of the nominal value of the shares as soon as to be reduced by the amount of the guarantee by invalidating the warranty.
Chapter 6 section 1 of the Insurance Association of management (December 29, 2009/1231) the Association shall be the Board, which consists of at least three and not more than five members. The Association may, however, be provided in order that the members have more than five. The Board may, in addition, be more than an equal number of alternate members as members.
The Board selects the Association meeting. The Governing Council lays down the right to choose the Government, section 10 (4).
The term of Office of a member of the Board is to provide for the Association. The season must end no later than on the fourth day after the selection of the financial year, either a new choice to provide an association meeting or at the end of the financial year.
What this law also applies to the members of the Board, making Member.


section 2 (December 29, 2009/1231) Insurance Association is to be the ceo. The Executive Director will select the Government.
The President and ceo has the right to withdraw from the mission. The resignation will take effect at the earliest, after it has been reported to the Government.
The Government can tell the ceo role. The separation will come into force immediately, unless the Government decides to a later date.
The provisions of this law, shall also apply to his sijaiseensa.


section 3 (December 29, 2009/1231), as a member of the Board or the Managing Director may not be the right person and not a minor or the trustee, the operation of which is limited or who is bankrupt. The ban on the viability of the business impact of the prohibition provided for in the Act on business (1059/1985).

At least one of the members of the Board of Directors and the Managing Director must be a resident of the European economic area, unless the financial supervisory authority to grant this exception. A derogation may be granted, if it does not compromise the effectiveness of supervision over the Insurance Association and the insurance of the Association in accordance with the principles of sound and prudent management of the business.
The Insurance Association's Board of Directors and the Managing Director is going to lead to the Insurance Association in a professional manner, as well as the sound and prudent management of the business in accordance with the principles of reliable. Members of the Board of Directors and the Managing Director shall be of good repute, and they must have the professional qualifications and experience required for the task. In addition, the President and ceo and the Board of Directors shall be such as the General insurance business in the knowledge that the quality and scope of the activities of the Insurance Association, is necessary.
The head of the Association of the insurance of the Association shall be notified without delay of any subsequent amendment affecting the financial control. The notification shall be accompanied by a report on the fact that the members of the Board and Chief Executive Officer in accordance with the requirements of paragraph 1 to 3.
Paragraphs 1, 3 and 4, provides insurance Association Board members, shall apply by analogy to the insurance of property ownership in the community.
The financial control shall specify the implementing arrangements referred to in paragraph 4.


3. (a) section (December 29, 2009/1231), section 3 (a) has been revoked by the Board of L:lla/1231.


section 4 (December 29, 2009/1231), Member of the Board may resign before the end of the term. Withdrawal shall be notified to the Government and, if different from the Management Board, including the Member has opted for this. Eroilmoitus must be dated and signed. Member of the Board of Directors may, before the end of the term of deprived of it, that is him. If a member of the Board of Directors has selected the order in which the Governing Board and the Association is amended in such a way that the Association is no longer separated from the Administrative Council, Member, Association meeting.
The resignation of the outgoing member shall enter into force at the earliest, after it has been reported to the Government. Separated on expiry of their term of Office at the end of the meeting, President of the Association subject to the separation of the Association meeting heads from the rest of the time. Erottaman of the Board Member's term of Office shall terminate immediately, except where the context otherwise the separation.
If the Government's task should be among the work through an open or if a member of the Board to lose eligibility for the task referred to in paragraph 3, the Member will be replaced by a substitute, as provided for in the selection of members of the Association or has been decided. If Member does not exist, the other members of the Government shall ensure that the new Member will be selected for the remainder of the term. If the selection includes a meeting of the Association and the Government the remaining members and alternate members shall constitute a quorum for the date, the check may take place at the next Association meeting.
If the Board member is on reason to believe, that the Association is no longer the other members of the Government, he is obliged to call a general meeting shall be convened by the financial control application for the Association to choose a new Government.
Unless the Insurance Association not registered in the trade register toimikelpoista the Government, the financial supervisory authority will be to invite the Association meeting or, if the Board of Directors is the Governing Council to choose this to choose the Government. If the Association is not registered in the trade register of the President and ceo, the financial supervisory authority will be to invite the Government to select the Chief Executive. Unless the Government or the Chief Executive to choose, or not, without delay, be notified to the trade register, the financial supervisory authority will be to impose one or more of the office holder to carry out the Association's issues, until the Government or the Chief Executive is selected and recorded in the register.
The application in the case referred to in paragraph 4 or 5 shall, unless the financial supervision have already taken the necessary steps to make a member of the Board, Chief Executive Officer, shareholder, creditor or other, which may depend on the fact that the Association has toimikelpoinen the Government and Chief Executive.


section 5 (December 29, 2009/1231) it is responsible for the management and the proper arrangement of the Insurance Association (yleistoimivalta). The Association's Executive Director by the Association running the Administration in accordance with the instructions and orders given by the Board (ceo yleistoimivalta). Activities, which by reason of the scale and the nature of the Association are unusual or of general scope, may be taken only if the Managing Director of the Government's authorized him to it or the Government's decision to the activities of the Association cannot be expected without causing any major inconvenience. In the latter case, the Government shall, as soon as possible to provide a measure of information. The Executive Director shall provide to the Member of the Government and its information, which are necessary for the exercise of the tasks of the Government.
The Government is responsible for ensuring that the accounting and financial control is properly organized. The Managing Director is responsible for the fact that the Association's accounting is in compliance with the law and financial management in a reliable manner.


section 6 (December 29, 2009/1231) the Board shall be the Chairman. The President selects the Government, unless otherwise provided in the order or the Government of the society when choosing otherwise. The weighting of votes in the election of the President by the Board exactly solves a lot. The Managing Director shall not be the Chairman of the Board.
The President will see to it that the Executive Committee shall meet as needed. The Board shall be convened by the President shall be called, if the Member of the Board or the Managing Director. The President and ceo has, even though he is not a member of the Board, be entitled to be present at the meetings of the Board and President of the Board, subject to the use of the powers provided for in the case, decides otherwise. If the Chairman of the Board, despite the insistence of the invitation to the meeting, I call a Board Member may submit to the President and ceo or, if at least half of the members of the Board of Directors agrees to convene.
The Board of Directors may decide that the rest of the as a member of the Board must be present at the meeting. Attendance may also be imposed on the Association of the order.
The Board of the meeting shall be drawn up in the minutes, which shall be signed by the Chairman of the meeting and at least one of the Board members. Member of the Board and the President and ceo is entitled to have his name entered on the minutes to objection. The Protocols shall be numbered consecutively and be maintained in a reliable manner.


section 7 (December 29, 2009/1231) Board of Directors has a quorum when more than half of its members are present, if the Association is not required for a larger number of. The quantity is calculated from the elected members of the Board of Directors. The calculation of the amount of members of the esteellisten shall be deemed not to be present. The decision will not be made unless all the members of the Board of Directors has not, as far as possible, given an opportunity to participate in the deliberations. If a Board member is prevented from attending, his place for making a member be given an opportunity to take part in the deliberations. If the decision is made without holding a meeting, the decision is signed, numbered and kept such as the minutes of the meeting of the Board of the book section 6 provides.
The Government's decision will be, unless a qualified majority of the Association in accordance with the order required, the majority opinion. In the event of a tie, the decision will become Chairman. If the vote is tied, the election of the President and the Government in selecting or association not provided for in the other, the election be decided by lot.


section 8 of the Member of the Board or ceo is not eligible to participate in the agreement between him and the insurance of the Association. He is also not allowed to take part in the Association and to the third party of the agreement between the person, if he or she is about to gain from fundamental interest, which may be in conflict with the interests of the Association. What's the purpose of this agreement is to be applied has been said about the trial or the rest of the speech.


section 8 (a) (December 29, 2009/1231) the Government may, in a particular case, or to make a decision on the basis of the Association of the order in the case of the Executive Director of yleistoimivaltaan.
The Board may refer the matter to the Board or the Executive Director of the Association of the yleistoimivaltaan Conference.


section 8 (b) (December 29, 2009/1231) if the Insurance Association has become a emoyhdistys or it has ceased to be a emoyhdistys, the Government must without delay inform the Government or institution responsible for the. The Board of directors or equivalent body in order to assess the role of the Group shall be emoyhdistyksen to the Government and for the calculation of the performance of the necessary information.


section 9 (December 29, 2009/1231) has been revoked by the Board of L:lla/1231.


section 10 (December 29, 2009/1231) if the Insurance Association of the original own funds of at least EUR 84 000, the Association may provide that an association shall have a Management Board.
The Administrative Board shall be composed of at least five members. Managing Director or member of the Board shall not be a member of the Management Board. The members of the Management Board and the number of potential alternates, or the minimum and maximum, as well as the term of Office shall specify the Association.

The Association elects the Administrative Board. Article 1 (3) and (4), article 3, 4 and 6 to 8 and 16 in Chapter 4 of the members of the Board of Directors, composed of the Chairperson, the members of the Management Board and the members of the Council, shall apply by analogy to the members and the President of the reserve.
Association of the order may provide that the Management Board shall elect the members of the Government and the amount of the premium. The management board the right to require an additional meeting of the convening of Chapter 7, the Association provided for in article 9. The Management Board may not give other than the tasks mentioned in this law.


section 11 (December 29, 2009/1231) the Governing Council shall control the Association's Board of Directors and the Managing Director of the administration. Otherwise, the Management Board can be ordered only by the Government, the Association of the order of the tasks and functions of the yleistoimivaltaan, which are not provided for the rest of the body. The Management Board can be given the right to represent the Association. The Board of Directors and the ceo is to be given to the Management Board and its members the information which the latter consider necessary for the performance of their functions.


section 12 (December 29, 2009/1231) the Board represents the Insurance Association.
Association of the order may provide that a member of the Board or the Managing Director has the right to represent the Association or the Member of the Board of Directors may grant such a right, the Managing Director or any other person. Articles 3 and 8 of the Managing Director, shall apply to the toiminimenkirjoittajaan, which is not a member of the Board or the Managing Director.
The right to represent the Association can be limited so that two or more people is only in conjunction with this right. Change the constraint may not be used in the commercial register. Association of the order of business the order to restrict the powers of the representative.
The Board may at any time withdraw its right to represent the Association.


Article 13 the President and ceo is entitled to represent the Insurance Association in a case that according to article 5 of his duties.


section 14 (December 29, 2009/1231) Association meeting, the Board of Directors, the ceo or the Board of Directors may not make a decision or take any other action that is likely to produce a shareholder or any other unjustified advantage at the expense of the Insurance Association, or another shareholder.
The Board, the Management Board, the Board or a member of the Governing Board or the Executive Director may not adhere to the Association, the management board or the Board's decision, which is contrary to this Act or the order of the Association invalid.


section 15 (December 29, 2009/1231), on behalf of the representative of the Association as referred to in this Act of the Association made by the legal representative of the Association, is not bound by it or subject if: 1) is a violation of this restriction of eligibility laid down by law;
2) is a violation of article 12 (3) of the restriction is based on; or 3) has exceeded its jurisdiction and that, where the right to work was, knew or should have known about vires.
Under paragraph 1, in the case referred to in paragraph 3 to be sufficient proof of the fact that the subject of a legal act was not the person knew or should have known vires, cannot be considered to be merely the fact that the restrictions have been registered.
Chapter 7 section 1 of the Association meeting (December 29, 2009/1231) at the decision by the shareholders in the use of the Insurance Association of the Association.
Every shareholder shall have the right to participate in the Association meeting and there. The warranty holder is a partner in such a right, however, only if he has been included in the list or the guarantee Association, he has indicated the proportion of saantonsa and provided by the report.
Association of the order, it may be provided that, in order to attend a meeting of shareholders is the Association of the Association not later than the date specified in the notice convening the meeting on the report, which may be no earlier than ten days before the date of the meeting.


1. (a) section (December 29, 2009/1231) Association of the meeting shall decide on matters falling under this law. Association may be prescribed, that the Association shall decide the matter of the ceo and the Board of yleistoimivaltaan.
Chapter 6, article 8 (a) of the Act provides the Association's Board of Directors and the Managing Director of the Association for the meeting to decide the matter at yleistoimivaltaan. Shareholders can speak with one voice in an individual case the decision of the Board or other ways to make the yleistoimivaltaan in fact, the President and ceo.


2 section (on 31 March 2000/340) to the Association or any of its subsidiaries on the basis of the guarantee to the Community contribution shall not take part in the Association. Such a guarantee may not be taken into account, when in the exercise of the right of a competent decision or is required for all warranty holders consent or the consent of the holders of the guarantee, the guarantee of the Association which is an aliquot share.
What is provided for in the paragraph 1, is similarly applied to the Association and its subsidiaries, on account of the insurance is based on the community.


section 3 of the Shareholder to exercise the right to Association meeting, in person or through an agent. The agent must present a dated proxy document. The meeting of authorization, subject to the power of one book to the other. However, the power of Attorney is valid for a period not exceeding three years from the date of its adoption.
Shareholder and the agent gets the Association meeting, to be an Assistant. (on 31 March 2000/340), section 3 (a) (18.9.2015/1202) the Board and the Member of the Management Board, as well as the President and ceo shall have the right to be present at the meeting of the Association, unless the Association decides otherwise in a particular case. The Board, the Management Board and the Executive Director shall ensure that the contributor in question referred to in article 15 of the law can be achieved. The presence of the auditor at the Court of Auditors, the Association provided for in the law (11/15). Association meeting may authorise other persons to the presence of the Association.

L:lla 12/15, section 3 (a) shall enter into force on the 1.1.2016 modified. The previous wording is: 3 (a) of section (December 29, 2009/1231) and member of the Management Board, as well as the President and ceo shall have the right to be present at the meeting of the Association, unless the Association decides otherwise in a particular case. The Board, the Management Board and the Executive Director shall ensure that the contributor in question referred to in article 15 of the law can be achieved. The presence of the auditor at the Court of Auditors, the Association provided for in the Act (459/2007). Association meeting may authorise other persons to the presence of the Association.


section 4 of the Insurance Association of the shareholder to one vote at the meeting, unless the Association is an association in order not to change.


section 5 of the Association meeting in may on behalf of the company or of another authority to vote for no more than a meeting of the edustetusta kahdeskymmenesosalla of the voting rights.
The owners of the common shares in the amount of the guarantee must be sound, taking account of the limit referred to in subparagraph (1) does not exceed half of the total of the votes attaching to the other shareholders of the joint.


section 6 (December 29, 2009/1231) Association for the meeting shall be held at the registered office of the Association, unless the Insurance Association in order to order from another location in the area of activity of the Association. Compelling reasons for the Association meeting can be seen as other locations, there is, however, outside of the European economic area.


section 7 (December 29, 2009/1231) a shareholder may not vote for themselves or through an agent, the Association meeting on the matter, which relates to the application, the objection against himself or his release from the obligation for compensation or any other obligation to the society. Nor does the shareholder or his agent may not vote on the matter, which relates to an action against any person or his release from the obligation, if the shareholder is a fact, can expect from the essential interest, which may be in conflict with the interests of the Association.
What are the in subparagraph (1) shall not apply to the Association, if all the shareholders are disqualified will be.


section 8 (December 29, 2009/1231) annual Association meeting shall be held within six months of the end of the financial year.
At the annual meeting of the Association is to decide: 1), emoyhdistyksessä also includes the strengthening of the consolidated financial statements;
2) the use of the profit shown on the balance sheet;
3. discharge to the members of the Board of Directors, Management Board) to the members of the Council and the President and ceo;
4) directors, auditor of choice, unless otherwise provided for in this Act or the Association in order to impose the choice of the term or otherwise; as well as 5) according to the order of the actual Association meeting of the Association on the issues discussed as of the date.


section 9 (December 29, 2009/1231) Extraordinary meeting of the Association shall be held, if: 1) to the Association so provide;
the Government considers it to be the subject of 2);
3) or the auditor requires it, in accordance with paragraph 2;
4 the subject of it) and it is the Association of the order of the right to decide on an extraordinary meeting of the Association; or 5) at the written request of a given Financial control of the handling of a matter specified by them.
Further, the Association meeting shall be held, if the auditor or shareholders of the Insurance Association, with at least one-tenth or less of the total of the shareholders ' Association provided for the voting, the tenth of the company.
The notice of the meeting shall be submitted within two weeks of the arrival of the claim.


section 10 (December 29, 2009/1231)


Shareholder has the right to have a matter under this Act, the Association for the meeting of the Association for the Summit, if he so requests, in writing, from the Government as well in advance, that the matter can be included in the meeting invitation.


section 11 (December 29, 2009/1231), the Government invites the Association to convene the meeting. If the Management Board of the Insurance Association has, however, to provide that the Association shall convene a meeting of the Association.
Unless the meeting of the Association called for convening, even if the call should be the order of the law, the Association or association meeting, according to the decision, or if the meeting at the invitation of the existing rules or regulations is essentially broken, the FISA will be member of the Board of Directors, Member of the Management Board, the Executive Director, on application by the statutory auditor or a shareholder of the call at the expense of the meeting of the Association. Financial supervisory authority may invite the Association shall convene the meeting, even though in the said application. The financial supervisory authority, the decision can be enforced as law No.


section 12 (December 29, 2009/1231) invitation to the Association general meeting shall be transmitted not earlier than two months and not later than one week prior to the meeting, or in accordance with the third paragraph of article 1 of the last registration day. If the validity of the decision, the association according to the order is subject to the condition that the decision is made at the invitation of the latter two to a meeting of the Association will not be shipped until the previous meeting has been held. The invitation shall indicate the decision taken at the previous meeting.
For each shareholder, whose address is known to the Insurance Association, is to send a written notice of the meeting, unless the Association prescribe otherwise.
In addition to the Association, to each shareholder whose address is known to the Association a written invitation must be sent, if the amendment of the order of the Association as referred to in article 18.
The notice convening the meeting shall state the name of the Association, meeting time and place of the general meeting of unit-holders. If you change the order of the Association, the invitation shall state the main content of the change.
Association meeting will decide just on this issue, which was mentioned in the notice convening the meeting or that the association according to the order must be dealt with at the meeting.


12 (a) in the section (December 29, 2009/1231) the decision by the Government of the proposals, as well as, if the size of the case deals with the financial statements, the financial statements, the annual report and the Auditors ' report is at least a week prior to the meeting, the shareholders may be held at the Head Office of the Association or on the website, without delay, send to shareholders who request it, and to make the Association remains to be seen.
If the decision concerns a guarantee share offerings, stock options or other special rights entitling to shares of the warranty, a profit-sharing or other financial interest, equity fund, a reduction in the equity capital, the acquisition of shares in, or their own warranty claim, or of the Association, and not the whole of the process provided for in subparagraph (1) of the financial statements, including: 1) the last financial statements, the annual report and the Auditors ' report;
2) after the end of the last financial year any decision on the allocation of funds;
3) after the end of the last financial year drawn up in interim financial reports; as well as the commentary on the financial statements of the Government or 4) when preparing the interim report, the position of the Association materially affecting the events that have occurred since.


Article 12 (b) (December 29, 2009/1231) Association meeting may decide that the case is transferred to the Graduate Council.
The adoption of the financial statements, the annual meeting of the society, and the use of the profit shall be transferred to the further meeting, if required by shareholders holding at least one-third, or part of a meeting of the Association provided less of the total voting power of the members. In the meaning of the sequel to the meeting shall be held not earlier than one month and not later than three months after the date of the actual Association. At the insistence of the minority decision does not have to move again.
The sequel to the meeting shall be a different call, if it is considered to be in the country for more than four weeks after an association meeting. You can always call further meetings shall, no later than four weeks prior to the meeting.


section 13 (December 29, 2009/1231) on the matter, which is not in compliance with the procedures relating to the provisions of this Act or the provisions of the order, the decision of the Association may be made only if the shareholders that failure to act concerns, give their consent.


section 14 (December 29, 2009/1231) Association meeting, open to the person in charge appointed by the meeting shall be convened by the caller. The President of the Association, the Association meeting, unless the meeting of the Association chooses otherwise. If the order provides for the President of the Association, the Association meeting, this will also open the meeting.
The Chairman of the meeting shall ensure that the authorisation of the shareholders, the shareholders present in the case of the men, as well as their assistants used a list shall be drawn up, which shall be entered in the number of votes for each of the vakuutuksenottajaosakkaan, as well as the warranty holder, the number of shares and the amount of the guarantee of the sound (audio). The warranty on the unit-holders of the shareholder list should be for inspection by the public at the meeting.
The President must also be taken to ensure that the meeting will be held. The list of votes shall be taken in the minutes or be attached to it. The Protocol is an important meeting, the decisions taken and, if the decision has been put to the vote, the outcome of the vote. The Protocol is the meeting of the Chairman and at least one of the selected protocol to be signed by the Inspector. The Protocol no later than two weeks after the meeting to keep the headquarters of the Association or on the website shall be submitted for inspection by the shareholders and a copy of the shareholder. Records must be maintained in a reliable manner. A contributor is after replacing the insurance costs of the Association right to obtain a copy of the annexes of the Protocol, the Association meeting.


section 15 (December 29, 2009/1231) is an Association of meeting of the Board of Directors and the Managing Director, at the request of a shareholder for more detailed information about factors that could affect the evaluation of the meeting. If the size of the case deals with the financial statements, the financial position of the Association, more generally, including the relationship between the Association of the same group in another community or Foundation. Information shall not be issued if the Administration would produce an association major inconvenience.
If the question can be answered only by a shareholder on the basis of information that are not available to the meeting is to provide a written response within two weeks. The answer to the question of the applicant shall be provided to shareholders and other shareholders who request it.


section 16 of the Association for a decision of the meeting of the opinion, which is supported by more than half of the votes cast, or in the event of a tie, in which the President agrees with. The election shall be deemed elected to it, who gets the most votes. Association meeting may, however, decide, prior to the election, that the election will be the one who gets more than half of the votes cast. In the event of a tie settled on the election.
What has been said in paragraph 1, is in force, unless otherwise specified in this law or the Association subject to the order. Association of the order does not, however, be other than for the election to take the order, and thus to further mitigate the majority of the requirements laid down in this law.


section 17 (December 29, 2009/1231) amending the order of the Association, the Association shall decide. The decision shall be valid only if it has been supported by shareholders holding at least two-thirds majority of the votes.
The amendment of the decision on the Association of the order of the Financial control of the registration of a change set out forthwith, and may not be implemented before the decision has been registered. If the Association is required to change the order of the implementing measures to be an entry in the registry, the change should be reported for registration and to register with the implementation measures. If the liable equity capital or the nominal value of shares of the Association in order to change the warranty is conditional upon an increase of the registered capital or the reduction of the order of the change in the decision, the Association must, however, notify the financial supervision laid down in amendment for registration and to register an increase or reduction in the context of the response at the same time.
What paragraph 2 shall also apply to the liable equity capital, or the minimum or maximum order of the change in the nominal value of shares of the decision of the registration of the Association means.


section 18 (December 29, 2009/1231) amending the order of the decision of the Association in such a way that, in the case of a guarantee already issued shares in the share of the payment obligations of the owners of the right of Association, the Association shall be added to the acquisition of shares, in Chapter 3, the warranty shall be limited to 3 or 4 in the manner provided for in sections or in the form of the relationship between the rights of the shares of stocks of the guarantee, the consent of all shareholders or required is amended as follows: section 17 of the decision in accordance with paragraph 1, in addition to the consent of the holders of the guarantee or the guarantee units change.

The order amending the decision of the Association in such a way that more than one-tenth of the profits of the financial year, when it has been reduced from previous financial periods to cover the required amount of loss, shall be transferred to the reserve fund or fund or otherwise leave without sharing, is valid only if shareholders with more than nine-tenths of the whole case, edustetuista warranty, are supported.
If there are several types of insurance guarantee Association, the share of the acquiring of the Association, is the transfer, merger, winding-up and liquidation of the termination of the validity of the subject of the decisions under section 17 of the decision in accordance with the decision of the supports, in addition to the fact that at least two-thirds of the share of each type of meeting of the edustetuista of the guarantee the guarantee.
To change the order of article 10(a) of the consent of the Association must be, if the shareholder's liability to make payment to the Association the right to damages shall be added to or association shall be limited as provided in section 8 of chapter 15.


section 19 Association meeting, not to make a decision, that is theirs to produce shareholder or other person an unfair advantage at the expense of the Insurance Association, or another benefit to the shareholder.


under section 20 (December 29, 2009/1231) if the Association is not the result of the decision of the general meeting, in the appropriate order, or if it is otherwise contrary to the public policy of this law or of the Association, the Association of Government can be a partner in the insurance, Member of the Board of directors or the Managing Director, bring an action against the decision of the Association declare invalid or to amend it.
The action shall be brought within three months of the date of the decision. If the shareholder is not an acceptable reason for the delay and the decision on the validity of retention would be manifestly unfair to him, the action may be initiated no later than one year after the date of the decision. If the action taken within the time limit, is considered to be valid.
What 2 provides shall not apply to: 1) if the decision according to the law, in such a way that it can be done even with the consent of all shareholders;
2 this Act or decision) if the means of the association according to the order of, the consent of the owners of certain or all of the deposit share, and that consent has not been given; or 3) If a meeting is not provided or if the meeting at the invitation of the existing rules or regulations is essentially broken.
The Court, which has been declared invalid or association meeting has been changed in relation to the shareholders, is also valid, which do not join in the application. An action against the decision of the complaint the applicant's requirement of judgment may be declared null and void or may be amended. At the same time, to deny the applicant's request the Association to execute the pätemätöntä decision.


section 21 (December 29, 2009/1231) If the meeting of the Board of the Association pursuant to the authorisation in the case is clearly the kind of article 19 and article 20, paragraph 1 or 2, it shall be governed by the corresponding decision, what Association meeting.
change the shape of the NUMBER 8 of the Community (on 31 March 2000/340) 1 section (December 29, 2009/1231) Insurance of the Association the Association meeting may adopt a decision amending the Association of mutual insurance companies. Changing the shape of the community for a decision is valid if it is made in Chapter 7, in accordance with section 17, subsection 1.
The Association shall, within three months of the decision to apply for the insurance company, the Association meeting of authorization, the financial supervisory authority in accordance with Chapter 2 of the Act provides for what the insurance company, and, at the same time, changing the shape of the effect of the company to apply for a community order confirmation of the financial supervision.


section 2 (20.3.2015/306) is an announcement of the financial supervisory authority referred to in article 1 of the articles of Association, to the detriment of the strengthening of the application in the official journal of the Association, if it does not see that the application is to be dismissed without further selvityksittä. The public notice shall call upon the members of the Association and insurance creditors, who want to make comments, submit an application for Financial reminders supervision within a time limit which shall not be more than two months. The financial supervisory authority shall require the Association without delay to make a home on the data of the publication in at least one newspaper, as well as, where appropriate, in addition, as the number of Financial control.
Financial control must be strengthened and the articles of Association, if it complies with the Insurance Act, Chapter 2, article 6 of the conditions laid down in the Association for the mutual insurance company to change is not a violation of the interests of the insured.
FISA is the strengthening of the articles of Association, the right to attach conditions necessary to safeguard the interests of insured persons.
The Association, as well as a reminder to the author may appeal against the decision in accordance with the Act on the financial supervision. The complaint is to be dealt with as a matter of urgency.

Article 2 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: section 2 (December 29, 2009/1231) the articles of Association concerning the application referred to in article 1 of the financial supervision is at the expense of an announcement in the official journal of the Association, unless that view, that the application is to be dismissed without further selvityksittä. The public notice shall call upon the members of the Association and insurance creditors, who want to make comments, submit an application for Financial reminders supervision within a time limit which shall not be more than two months. The financial supervisory authority shall require the Association without delay to make a home on the data of the publication in at least one newspaper, as well as, where appropriate, in addition, as the number of Financial control.
Financial control must be strengthened and the articles of Association, if it complies with the Insurance Act, Chapter 2, section 5 of the amendment of the conditions laid down in the mutual insurance company, unless the Association violates the interests of the insured.
FISA is the strengthening of the articles of Association, the right to attach conditions necessary to safeguard the interests of insured persons.
The Association, as well as a reminder to the author may appeal against the decision in accordance with the Act on the financial supervision. The complaint is to be dealt with as a matter of urgency.


3 section (30 December 1998/1207) for the mutual insurance company of the Insurance Association of the change shall be notified to the company for the purposes of the registration of the order within six months. Registration is subject to the condition that the original own funds in accordance with the articles of Association, is paid in full. If the new guarantee portion is marked by the ylikurssiin, the nominal value of in excess of the amount to be paid is also. If the face value of the guarantee, the guarantee does not include recording and reporting of contributions from the capital in the calculation of the nominal value will be used instead of 2, section 2, subsection 2, a significant number of the equity capital. The mutual insurance company of the insurance of the Association shall be deemed to have changed, when the change is registered.


section 4 (December 29, 2009/1231) subject to article I, section 2, of the strengthening of the statutes referred to in the licence or requested within the time limit, or if the financial supervisory authority to reject an application for an authorisation or an application for the strengthening of the articles of Association and the decision becomes final, or, in the absence of community transformation within the time limit mentioned in paragraph 3 of the registration of the registration shall be refused or, if notified by the community to change the shape of the falls.
The members of the Board are jointly and severally liable for the repayment of the amount paid to the guarantee of the shares taken up.


the mutual insurance Association of change under section 5, if the insurance company more capital commitments of the Association, the policy-holder, who has not contributed to the adoption of the decision, and which is not the insurance contract Act (543/94) in accordance with article 12 of the right to cancel the insurance at any time, have the right, within three months of the notification referred to in paragraph 2, in writing to terminate the insurance contract. (28 June 1994/546)
The company's Board of Directors shall be notified of the decision referred to in paragraph 1 shall, within one month of the registration of the articles of Association, a trustee of the Official Gazette and in at least one of the company's home on the newspaper.
Chapter 9 (on 31 March 2000/340) audit and special examination section 1 (December 29, 2009/1231) on the audit of the financial statements of the Association provided for in this chapter, and the Court of Auditors by law.
The Insurance Association must be one auditor, unless the Association in order to prescribe more of the auditor. The Auditors shall elect an association meeting. If you must select more than two auditors, the Association may stipulate that one or some of them, not all, are placed in a sequence.
If the Insurance Association has been selected only one auditor and this is not an audit firm, you must select at least one deputy auditor. The provisions of this law, the law and the Court of Auditors, Auditor, shall apply by analogy to the making tilintarkastajaan. (18.9.2015/1202)

L:lla 1202/2015 modified (3) shall enter into force on the 1.1.2016. The previous wording: If the Insurance Association has selected only one auditor and this is not a Court of Auditors referred to in article 2 of the law firm or HTM-community, you must select at least one deputy auditor. The provisions of this law, the law and the Court of Auditors, Auditor, shall apply by analogy to the making tilintarkastajaan.

A shareholder may require the placing of a single statutory auditor to participate in the audit, along with the other auditors. This proposal should be made on the Association meeting, where the Auditors shall be selected in accordance with the invitation or in which the issue is dealt with. If the proposals are the Association meeting in favour of voters, with at least one-third of the votes cast at the meeting, a shareholder may, within one month of the meeting to seek the imposition of the financial supervisory authority approved auditor. The financial supervisory authority will be in consultation with the Government to impose the statutory auditor of the Association for the next financial year, which runs to be held to the end of the annual meeting of the Association.


section 2 (December 29, 2009/1231) the auditor's term of Office is to provide for the Association. The auditor shall end at the end of the annual meeting of the Association, which is considered the last of his farewell speech after the end of the financial year, unless the Association in order to order or in the selection of a new auditor decided otherwise. Association does not, however, be able to provide that the term of Office of the statutory auditor will continue for the time being.


2. (a) section (20.3.2015/306) the insurance period by the auditor of the Association to continue, to the extent it is sufficient to cover the debt, at the responsibility of the operating capital, investment activities, the operation of the insurance and compensation, as well as insurance of the Association and with the same group or an insurance group, mutual transactions between the communities.
The audit referred to in subparagraph (1) the auditor shall report to the Association's Board of Directors.
The Association's Board and the Administrative Council shall, at least once a year, the financial position of the Association at its meeting in consultation with auditors and internal audit, as well as the other.

L:lla (2) (a) of section 306/15 amended shall enter into force on the 1.1.2016. The previous wording is: 2. (a) section (December 29, 2009/1231) the insurance period by the auditor of the Association to continue, to the extent it is sufficient to cover the debt, at the responsibility of the operating capital, investment activities, the operation of the insurance and compensation, as well as insurance of the Association and with it to the same group or vakuutusyritysryhmittymään of mutual between transactions.
Insurance of the Association auditor must, at least once a year and at the request of the financial supervision in the intervening period to be checked, whether the insurance companies Act, Chapter 6, paragraph 10, kate list and the requirements set out in the Act to which it relates are assets.
Of the statutory auditor on the audit referred to in paragraph 1 and 2 shall report to the Association's Board of Directors.
The Association's Board and the Administrative Council shall, at least once a year, the financial position of the Association at its meeting in consultation with auditors and internal audit, as well as the other.


section 3 (20.3.2015/306) Insurance Association, the auditor and deputy auditor must be provided for by law, the Court of Auditors, the auditor.

Article 3 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: section 3 (13 April 2007/470) in a large insurance Association, at least one auditor shall be the Court of Auditors, section 2 of the law firm of auditor referred to in paragraph 2 or to the APA community.
The ownership of a large insurance Association and the insurance shall apply to the Court of Auditors in the audit of the Community law pursuant to article 25, paragraph 1, sub-paragraph 5 of paragraph 8, and article 40, paragraph 1, the community for public trading on the audit of the financial statements and the auditor.
In a small Insurance Association, the auditor and deputy auditor must be a CERTIFIED PUBLIC ACCOUNTANT or CERTIFIED PUBLIC ACCOUNTANT-auditor-article 2 of the law of the community or of the auditor referred to in paragraph 3 of the HTM or HTM-community.


section 4 (December 29, 2009/1231) Financial control is the Association that meets the eligibility criteria for the notification to provide an insurance auditor, if: 1) the auditor has not been selected in accordance with the law of the Court of Auditors, of this law, or;
2) the auditor or the audit firm is not in this Act, Chapter 2, section 1: eligibility, or he is not referred to in the Court of Auditors in Chapter 4 of the law within the meaning of article 6 of the same law, he is an independent or 4 within the meaning of section 7 of chapter disqualified; Association of the order of 3) by the number of Auditors or of an order has been violated.
(18.9.2015/1202)

L:lla 12/15 modified the Act shall enter into force on the 1.1.2016. The previous wording of the notification of the financial controls are imposed on insurance: the Association that meets the eligibility requirements for the Auditor, if: 1) the auditor has not been selected in accordance with the law of the Court of Auditors, of this law, or;
2) in this Act, the auditor or the audit firm is not law within the meaning of paragraph 3, or he is not the Court of Auditors within the meaning of article 24 of the law in an independent or is he is the same within the meaning of article 25 of the law disqualified; Association of the order of 3) by the number of Auditors or of an order has been violated.
In the cases referred to above, the notification may be done by anyone. The Government is required to submit a statement, unless the auditor is to select the validation that conform to the requirements of the Auditor (s) without any further delay.
The financial supervisory authority is to ask the National Board of patents and registration of the opinion of the Court of Auditors itself in the case referred to in paragraph 2 on the issue of independence before it. (18.9.2015/1202)

L:lla 1202/2015 modified (3) shall enter into force on the 1.1.2016. The previous wording: the financial control shall request the opinion of the Board of the Central Chamber of the Court of Auditors under paragraph 2 in the case referred to in paragraph 1, on the issue of independence before it.
Before this section mentioned in the warrant is issued, the Government has consulted the Association. The order is in effect until the Association has been chosen by the auditor of the financial control of the auditor.


section 5 (19 December 2008/896) section 5 is repealed on 19 December 2008 the L:lla/896.


section 6 (December 29, 2009/1231) Shareholder may require the submission of the special audit of the accounts of the management of the insurance of the Association and for a specific time period or ended certain measures or facts. For this purpose, the proposal should be made at the annual meeting of the Association the Association meeting or, where the matter in accordance with the invitation needs to be dealt with. If the voters, with at least one-third of the votes cast at the meeting, are in favour of the proposal, a shareholder may, within one month of the meeting to seek the imposition of the financial supervisory authority, the Association of the Inspector.
The Special Inspector must be a natural person or an audit firm. The Special Inspector shall carry a personal document in the kind of knowledge and experience of the economic and Legal Affairs as to the quality and scope of the verification mission, it is necessary to deal with the task.
The financial supervisory authority shall consult the Association's Government and, in the event of an inspection according to the application of the measures of a particular person, this person. The application will be deemed to consent to the transmission, if the inspection is considered to be serious reasons. Financial supervisory authority may impose one or more of the Inspector. The order can be enforced by force of the law No. The Inspector has the right to Association.
What the auditor provided for in chapter 15, section 5 — 7, Chapter 16, section 4, and the Court of Auditors in Chapter 2 of the Act and section 7, Chapter 3, section 9 and 10, in Chapter 4, section 6 — 8 and chapter 10, section 3, shall apply by analogy to an inspector referred to in this article. (18.9.2015/1202)

L:lla 1202/2015 modified 4 Article shall enter into force on the 1.1.2016. The previous wording of the auditor provided for in chapter 15, section 5 to 7, Chapter 16, section 4 of the law and the Court of Auditors, 3, 8, 18, 19, 24-26 and 51, an inspector referred to in this article shall apply by analogy.
The inspection shall issue an opinion on the meeting of the Association. The opinion of at least one week before the meeting of the shareholders of the Association may be considered as the headquarters of the Association and without delay, send to the shareholders who so request, and to make the Association remains to be seen.


section 7 (December 29, 2009/1231), the provisions of the financial control (2) (a) may give more specific section of the report referred to in paragraph 3.
Chapter 10 the financial statements, the consolidated financial statements, the management report and the covering of those provisions by section 1 (made/1320) (December 29, 2009/1231) Insurance of the Association activity report, the financial statements, the consolidated financial statements, the Accounting Board, the opinion of the derogation and shall apply to the insurance companies Act Chapter 8, 1 and 3 – 26, 30 and 31 of the decree or the figure that under section 28 or 29 provides for the non-life insurance activities of the insurance company's annual report, the financial statements, the consolidated financial statements, the Accounting Board's opinion of the derogation and, subject to the provisions of this chapter.


1. (a) in section 1 (a) – – 2 2 section has been revoked by the Board of L:lla/1231.



section 3 (20.3.2015/306) what the insurance company law Chapter 9, from 1 to 3, 6 and 9 to 11 and the provisions of paragraph 1 of article 13 of the insurance company's responsibility for the debt, shall also apply to the Insurance Association.
The amount of countervailable subsidies for the purposes of the Insurance Association of runsasvahinkoisten years riskiteoreettisesti to count the number of.

The amount of countervailable subsidies for the purposes of section 8 of Chapter 10 (a) lower limit: the minimum amount of capital adjusted capital adequacy, and referred to in article 7 of the above-mentioned items to the difference between the adjusted operating capital. The lower limit of the amount of countervailable subsidies is not, however, be in the negative. The amount of the countervailable subsidies at the upper limit of which is considered to be riskiteoreettisten on the basis of the calculations of the reinsurance and other risk transfer methods, taking into account the continuation of the insurance business of the fair.
The Insurance Association must be the amount of the basis for the calculation of the amount of countervailable subsidies, as well as the lower and upper limit stated in the handicap. The Association must apply for a handicap to the foundations of the decrease in the number of Financial control.
Decree of the Ministry of Social Affairs and health, how the amount of the Insurance Association, the maximum number of handicap, handicap and the amount the amount of the countervailable subsidies shall be calculated on the amount of change as well as the basis for the calculation of how are drawn up.

Article 3 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: section 3 (December 29, 2009/1231), shall apply to the Insurance Association of the discounting of the insurance companies Act Chapter 9, from 1 to 3, 6 and 9 to 11 and the provisions of paragraph 1 of article 13.
The amount of countervailable subsidies for the purposes of the Insurance Association of runsasvahinkoisten years riskiteoreettisesti to count the number of. The amount of the countervailable subsidies is the lower and upper.
The amount of countervailable subsidies for the purposes of section 10 (a) of Chapter 12 on the bottom rung of the solvency capital, in accordance with the calculated minimum quantity to the oikaistulle and 10 (a) of section 7 of chapter items listed in the difference between the adjusted operating capital. The lower limit of the amount of countervailable subsidies is not, however, be in the negative. The amount of the countervailable subsidies at the upper limit of which is considered to be riskiteoreettisten on the basis of the calculations of the reinsurance and other risk transfer methods, taking into account the continuation of the insurance business of the fair.
The Insurance Association must be a basis for the calculation of the amount of countervailable subsidies and the amount of the countervailable subsidies and the upper limit stated. The Association must apply for a handicap to the foundations of the decrease in the number of Financial control.
Decree of the Ministry of Social Affairs and health, how the amount of the Insurance Association, the maximum number of handicap, handicap and the amount the amount of the countervailable subsidies shall be calculated on the amount of change as well as the basis for the calculation of how are drawn up.


3. (a) section (December 29, 2009/1231) the Association shall cover the liability referred to in paragraph 3 of the debt, which has been reduced by the following items: 1) in respect of the share of reinsurers ' under the responsibility of the reinsurance, however, up to 70% of the total amount of technical provisions; the share of reinsurers ' share of responsibility does not, however, be reduced, if the reinsurer is a reinsurance undertaking in liquidation, bankruptcy or otherwise, it is apparent that the reinsurer is unable to meet its obligations;
2 a corresponding proportion of the reinsurance asset) up to the amount of jälleenvakuutustalletesaamisten;
3) recourse are based on the claims;
4 the insurance of the damaged articles) value, which is passed to the ownership of or the Insurance Association;
5) insurance costs that are capitalized in the balance sheet.


3 (b) of section (20.3.2015/306) Insurance coverage provisions of the Association is to be the financial instruments or the kiinnityskelpoista property, or the rights of the kiinnityskelpoisia in a public register. The covering of the immovable property must be located in the territory of the State, members of the European economic area. Up to 30% of the gross amount of the technical provisions, however, a maximum of 2 000 000 euros, can be placed in a single destination.

L:lla article 3 (b) of Regulation (EC) No 1467/2015 amended shall enter into force on the 1.1.2016. The previous wording is: 3 (b) of section (December 29, 2009/1231) Insurance to cover the liability of the Association of life insurance, the company shall apply to the covering of those provisions provides for the insurance companies Act, Chapter 10 of the 1, 2, 4-18, section 19 (1), (2), (5) and (6), as well as article 20 and 21 of the Act, unless otherwise provided for in this separate.
This chapter 1, article 1 (3) of the small Insurance Association receives the insurance company Act section 17 of Chapter 10 of the 1-Notwithstanding the provisions of the third paragraph of the Standing Committee to invest up to 30% of the gross amount of the technical provisions corresponding to the amount of the EEA or of a credit institution authorised in the insurance company's debt claims.


Article 3 (c) (20.3.2015/306), the Association of insurance covering the property is valued at the value as it appears on the balance sheet of the Association.

L:lla article 3 (c) of Regulation (EC) No 1467/2015 amended shall enter into force on the 1.1.2016. The previous wording is: 3 (c) of section (December 29, 2009/1231) the Ministry of Social Affairs and health Decree may provide for: 1) that certain income eligible assets shall be valued at their fair market value, if it is in the nature of a species related to the fair value of the assets of large fluctuations or for any other reason; as well as 2) of the companies Act, Chapter 10, section 11, subsection 2, of the resources referred to in paragraph 9, as cover for the eligible assets, if it is because of these resources, especially riskillisyyden.


3 (d) of section (20.3.2015/306) on the application of the Insurance Association of the financial control can allow that some of the coverage the eligible assets from article 3 (c), if this does not endanger the interests of the insured.
Financial supervisory authority can, for a justifiable reason, in individual cases, to restrict the investment referred to in article 3 (b) reading the liability coverage or deny it, if it takes the investment risk insured benefits.
On the application of the Insurance Association of financial supervision may in a particular case for special reasons for a maximum period of two years for: 1) gives permission to do so, that section 3 (a) of the percentage referred to in paragraph 1 in respect of reinsurance, reinsurers ' under the responsibility of the be 100% or less of the total of the total number of provisions;
2) gives permission to reduce the 3 (a) of paragraph 1, in spite of the ban on liquidation or of bankruptcy, to be used by the latter's commitments to respond to or otherwise are likely to share the responsibility for the total amount of the debt until the amount determined by the financial supervisory authority, which may not be more than 20% of the total amount of technical provisions;
3) gives permission to reduce other than those referred to in article 3 (a) the assets of the total amount of technical provisions in a manner similar to section 3 (a) of the listed assets, if the assets to be deducted are, in fact, someone other than the responsibility of the Insurance Association.

L:lla 306/2015 modified 3 (d) of section shall enter into force on the 1.1.2016. The previous wording: article 3 (d) (December 29, 2009/1231) Financial control can give more specific provisions: 1) to the list of form and, in the margin property to the list of items in a list, kate kate marking the points and the points on which the assets shall be entered in the time of kate list;
2. the Court of another credit institution or in the community), the insurance company, if kantokykyä can be considered as equivalent to the assimilated liability on the part of the community; the use of derivative financial instruments, as well as 3) covering.
On the application of the Insurance Association of financial supervision may in a particular case for special reasons for a maximum period of two years for: 1) gives permission to do so, that section 3 (a) of the percentage referred to in paragraph 1 in respect of reinsurance, reinsurers ' under the responsibility of the be 100% or less of the total of the total number of provisions;
2) gives permission to reduce the 3 (a) of paragraph 1, in spite of the ban on liquidation or of bankruptcy, to be used by the latter's commitments to respond to or otherwise are likely to share the responsibility for the total amount of the debt until the amount determined by the financial supervisory authority, which may not be more than 20% of the total amount of technical provisions;
3) gives permission to reduce other than those referred to in article 3 (a) of assets to be deducted the total amount of technical provisions, if the assets are the responsibility of the Association, in fact, someone other than insurance, in a manner similar to section 3 (a) of the listed assets.
4) accept as cover for the individual assets that are not part of the insurance companies Act, that are listed in section 4 of Chapter 10 of the asset classes, but are of a similar treatment; as well as 5) increased insurance capital in accordance with article 14 of the ceilings in respect of not more than 8% of unsecured debt and one or more of the same debtor's unsecured debt by up to 2% of the unsecured debt in respect of the total amount of technical provisions.


section 4 (20.3.2015/306) section 4 is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: 4 (December 29, 2009/1231) the Association shall draw up a plan for the disposal of the funds of the Association (investment plan). The investment plan for financial control.


4. (a) section (noon/709), the ownership of the Insurance Association and the insurance community is to be the quality and extent of the activities of the Association of an adequate internal control and adequate riskienhallintajärjestelmät. The insurance supervisory agency shall issue more detailed provisions on the organisation of internal control and risk management.


section 5 – 5 – 5 (c) of article 5 (c) has been revoked by the Board of L:lla/1231.



Article 5 (d) (30.12.2004/1320) 5 (d) the section has been repealed L:lla 30.12.2004/1320.


section 6 (December 29, 2009/1231)


The Insurance Association of private equity and venture capital is divided into bound retained. The tied capital of the Insurance Association, guarantee capital, ground Fund, the reserve fund, in accordance with the accounting Act, the revaluation reserve the revaluation reserve comprises the fair value of the Fund, and. Other reserves, as well as of the fiscal year and the profit and loss are equity.


6 (a) – 9 (a) (a) to section 9 (a) of section 6 is repealed by the L:lla/1231.



section 9 (b) (30.12.2004/1320), section 9 (b) is repealed by L:lla made/1320.


9 section 9 (c) (c) and 9 (e) – 9 (e) of section has been revoked by the Board of L:lla/1231.



9 (f) of section (30.12.2004/1320) 9 (f) the section has been repealed L:lla 30.12.2004/1320.


Article 10 (on 31 March 2000/340), section 10 is repealed on 31 March 2000/340 L:lla.


section 11-11-12 section 12 is repealed by the L:lla/1231.

10 (a) in the FIGURE (11.6.1993/483) section 1 of the Operating capital (20.3.2015/306), the capital of the Insurance Association's activities shall be the amount by which the assets of the Association exceed the liabilities of the Association, and must be regarded as similar commitments as 1 (a) and 1 (d).
Insurance of the Association in accordance with this chapter, the action must comply on a continuous basis with capital requirements.

Article 1 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: 1 section (December 29/12) for the purposes of the insurance capital of the Association's activities is the quantity by which the funds of the Association shall be deemed to exceed the Association's debts and other commitments, in accordance with the equivalent of what the insurance company from 2 to 5 of Chapter 11 of the law of the non-life insurance company's capital.
The provisions of the financial control of the Association's activities may give more specific, in the capital of the insurance the insurance company from 2 to 5 of Chapter 11 of the law of the allocation and the vähennettävistä.
Insurance of the Association in accordance with this chapter shall comply with the requirements of the operational capital constantly.
The great capital of the Insurance Association's activities in accordance with the paragraph 3 of the guarantee is equivalent to the amount of the amount of the insurance companies Act, in section 2 of Chapter 11 become paragraph 1 and the items referred to in paragraphs 3 to 7, subject to the deduction of the insurance companies Act, as referred to in Chapter 11, section 5 of the items.


1. (a) section (20.3.2015/306) in the capital of the Insurance Association's activities include: 1) to the limits laid down in article 1 (c) paid the Base Fund and capital;
2) within the limits laid down in article 1 (c), on application by the Association and with the consent of the financial supervision, subject to the 25% of the base of the sum of the Fund and the equity capital has been paid in the bottom half of the Fund's outstanding commitments, and of the sum of the guarantee capital;
3) and equity funds;
4) and retained earnings;
5), of the accounting Act (1336/1997), Chapter 5, section 12, subsection 1 of the balance sheet pursuant to article 15 of the chapter marked depreciation in voluntary reserves;
the fair values of the assets and off-balance-sheet 6) the carrying amount of a positive difference to the extent that it is not to be regarded as an exceptional nature;
7) with the consent of the financial supervision of the application of the Association and, under the conditions laid down in paragraph 1 (b), and subject to the limits laid down in article 1 (c) fully paid up capital of the Association for at least five years, or for at least five years ' notice from the capital of the loan;
8) within the limits laid down in article 1 (c) of the insurance activities of the Association as referred to in paragraph 3 of Chapter 1 of the reference period, the payment of the account assignment; for an additional fee, may be taken into account for up to half of the difference between the mutal-type association with and; as well as 9, at the request of the financial supervision of the Association Agreement) other items treated as set out above.

L:lla 306/15, section 1 (a) shall enter into force on the 1.1.2016 added.



section 1 (b), (20.3.2015/306) To 1 (a) the capital referred to in paragraph 7 of the loan can be calculated into the action in the capital, it will need to fill in section 5 of Chapter 1 of the conditions laid down in (c). In addition, the condition that the vehicles are: 1) in the event of liquidation of an association otherwise than an insurance or a bankruptcy loan capital will be returned to the Association in accordance with this chapter, after the restoration of the capital to meet capital adequacy requirements;
2) the loan agreement must not include any clause, according to which the circumstances, other than the Insurance Association or in bankruptcy, the debt will become repayable before the agreed due date; as well as 3) the loan agreement may be amended only with the permission of the financial supervision of the Insurance Association of the application.

L:lla section 306/15 added 1 (b) shall enter into force on the 1.1.2016.



1 (c) of section (20.3.2015/306), section 1 (a) of the amount referred to in paragraph 2 shall be read, in the capital the maximum number of operations, equal to 50% of the total minimum amount of capital or operating capital operation, whichever is the lower.
Paragraph 1 (a) those referred to in paragraph 7 in the capital loans must not read the operating capital, the maximum number of which is equivalent to 50% of the total minimum amount of capital or operating capital operation, whichever is the lower.
Article 1 (a) of the additional payment referred to in paragraph 8 shall read the operating capital no more than equal to 50% of the total minimum amount of capital or operating capital operation, whichever is the lower.
The amount referred to in paragraph 2 above, for the total of the loans taken to read the activity capital of not more than an amount equivalent to 25% of the capital or of the action of the minimum capital, whichever is the lower. The amount of loans shall be reduced by the action in the capital reading steadily each day for the year, the remaining term of the loan if the loan is for less than five years.

L:lla 306/15 added 1 (c) the section shall enter into force on the 1.1.2016.



1 (d) of section (20.3.2015/306) operating capital is reduced by the following items: 1) loss for the fiscal year and the previous fiscal years;
2) off-balance sheet asset values and the positive difference between the fair value;
3) as a distribution of profits to share the part of the free association of its own capital;
4 the insurance acquisition costs as an expense in the profit and loss account) of the unmarked filed accounts in so far as it exceeds the number of the work center in the cost criteria which the Association;
5 the acquisition of intangible assets in the income statement as an expense) unmarked filed;
6) without korkoutusta korkoutetun calculated the difference between the liability and liability the liability of the Association, if the calculation is used for korkoutusta;
the balance sheet for the amount of such liabilities 7) treated as items, which have to be considered likely;
8) foreign commitment pledges and mortgages;
9) derivative financial instruments gain resulting from the possible enimmäistappio of the Insurance Association; as well as 10) credit and financial institution owned by the associations, the second Insurance Association and the insurance company, the fair value of shares and participations, in so far as the value of more than 10% of the company.

L:lla 306/15 added 1 (d) the section shall enter into force on the 1.1.2016.



section 2 (20.3.2015/306) section 2 of the repealed L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: section 2 (December 29, 2009/1231) to a large insurance company shall apply to the Insurance Association law, Chapter 11, section 7 to 11 and 27: provides non-life insurance company.
A large insurance policy the Association's activities in the capital must always be at least in accordance with the first subparagraph of article 3(2) of the guaranteed minimum amount.


2. (a) section (20.3.2015/306) Insurance Association capital shall not be less than EUR 104 000 plus 27% of the Association in accordance with the financial statements of the last three financial years of the average insurance premium revenue.
The Insurance Association in its own capital shall not be less than one half of the minimum operating capital.

L:lla (2) (a) of section 306/15 amended shall enter into force on the 1.1.2016. The previous wording is: 2. (a) section (December 29, 2009/1231) a small insurance policy the Association capital shall not be less than EUR 97 000 plus 27% of the Association in accordance with the financial statements of the last three financial years of the average insurance premium revenue.
A small Insurance Association in its own capital shall not be less than one half of the minimum operating capital.


section 2 (b) (May 19, 2004/417) Insurance of the Association shall be the due time designated by the insurance supervisory agency statement of operations for the fulfilment of the requirements for the capital. The insurance supervisory agency shall issue more detailed provisions on the drawing up of this calculation.


section 3 section 3 (20.3.2015/306) is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: section 3 (December 29, 2009/1231) a large number of insurance guarantee Association is one of the one-third of the capital in accordance with article 2 of the minimum amount of the action.
The amount of the minimum guarantee is: 1) EUR 2 625 000, if one of the insured risks include damage to the future of the classes 10 to 15 or the reinsurance balance more than a 10% share of the total amount of the debt or liability of the Association kokonaisvakuutusmaksutulosta;
2) EUR 1 725 000 in other cases.


section 4 (20.3.2015/306) section 4 is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: section 4 (on 31 March 2000/340) a large insurance policy the Association's equity must be at least half of the Insurance Association, in accordance with paragraph 3 of the guarantee amount. For the purposes of this article in the articles of Association shall be treated as insurance by equity capital loan.


section 5 (20.3.2015/306)


The Insurance Association funds, solvency, reinsurance and solvency of the Association must be organised, other factors affecting the interests of the insured are safely taken care, taking into account the likely range of income and expenses, as well as other uncertainties in the estimate can be made.

Article 5 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording: article 5 (December 29, 2009/1231) Insurance activities, reinsurance and solvency of the Association of the capital by the other insured benefits must be provided in a manner are safely taken care, taking into account the likely range of income and expenses, as well as other uncertainties in the estimate can be made.


section 6 (May 19, 2004/417) of the Act is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording: This euro laid down in Chapter 3 of the amounts may be the Ministry of Social Affairs and Health decree to check the Statistical Office of the European Communities (Eurostat) on the basis of the changes in the European index of consumer prices published by the. Revised the euro can be used to round up to the nearest full 100 000.

The Ministry of Social Affairs and health (2) (a) of the regulation may be changed in the general price level in the euro amount to reflect the changes that have occurred. Revised the euro can be used to round up to the nearest full EUR 1 000.


section 7 (20.3.2015/306) the amount of countervailable subsidies for the insurance capital of the Association is the sum total of capital and operating.
The Insurance Association of the capital will be adjusted by adjusting the capital: 1) by the addition of section 1 (a), of the capital referred to in paragraph 7 of the loan to the extent that it is not due to the restrictions of section 1 (c) be able to read about the action in the capital;
2. non-renewable resources) by reducing it in Chapter 1, the additional payment referred to in paragraph 3, on the basis of one of the chargeable amount in so far as it has in section 1 (a), of this chapter (8) and 1 (c), in accordance with the third paragraph of article views into action. as well as 3) by reducing the Association of credit and financial institutions and is owned by another insurance company or association to the stocks and shares, as well as the responsibility for issuing debentures, loans and other assets, the fair value of the equity can be treated as if the association between the 12 (a) of Chapter 1 of the holdings of the participating interest referred to in paragraph 3 and these holdings have been reduced to the Association's activities in the capital of this section of Chapter 1 (d), on the basis of paragraph 10.

The amended section 7 of the L:lla 306/2015 shall enter into force on the 1.1.2016. The previous wording is: section 7 (December 29, 2009/1231) the amount of countervailable subsidies for the insurance capital of the Association is the sum total of capital and operating.
The Insurance Association of the capital will be adjusted by adjusting the capital: 1) by the insurance companies Act, Chapter 11, section 7, as referred to in paragraph 2, the principal of the loan to the extent that it is not an insurance company, Chapter 11, section 4 of the law's restrictions, cannot be read in the action in the capital;
2. non-renewable resources) by reducing it to this section of Chapter 1 of the laws of the intended, on the basis of the amount of the additional payment to be charged to the extent that it is in the insurance companies Act, Chapter 11, section 8, paragraph 2, and Chapter 11, section 4 of the companies Act, the insurance policy: in accordance with the third paragraph of the unseen into capital; as well as 3) by reducing the credit institution or financial institution that is owned by the Association and the Association of another insurance company or stocks and shares, as well as the responsibility for issuing debentures, loans and other assets, the fair value of the equity can be treated as if the Association's holdings comply with the definition of the participating interest referred to in (a) section 12, and these holdings have been reduced to the capital of the insurance companies Act, the Association's activities, Chapter 11, section 5, on the basis of paragraph 10.


section 8 (December 29, 2009/1231) the role of the Insurance Association of risk will be tested by comparing the adjusted solvency capital to a minimum number of diluted capital. The adjusted solvency capital shall be calculated by taking into consideration the technical risks insurance Association and the maximum amount of compensation for the individual responsibility of the Association remaining in an incident.


section 9 (December 29, 2009/1231) the basis for the calculation of the adjusted solvency of the Association must be for the purpose of calculating the minimum amount of capital. Drop in to the very foundations of the Association must apply for the confirmation of the financial supervisory authority.
Financial supervisory authority may require that the invoice is to be changed, if they are not due to changes in the circumstances no longer apply.


section 10 (December 29, 2009/1231) the adjusted solvency of an insurance Association capital shall be at least equal to the minimum.
Insurance of the Association is to provide, on an annual basis and the financial supervisory control limits calculations, showing the amount of the adjusted solvency of the association with respect to the adjusted solvency capital to the minimum.
More detailed provisions on financial control can provide the information referred to in paragraph 2, the presentation and transmission of Financial control.


section 11 (December 29, 2009/1231) If the solvency of the Insurance Association of the adjusted capital adjusted capital is less than the minimum amount of capital, the Association shall, without delay, be added to the operating capital, or jälleenvakuutustaan or otherwise be adjusted above the minimum solvency capital.


section 12 (December 29, 2009/1231) the Ministry of Social Affairs and health Decree: 1) the adjusted solvency as referred to in article 8 calculation of the minimum capital as well as to be used in calculating the formulas and parameters;
the adjusted solvency capital, the minimum number of invoice 2) drafting criteria; as well as 3) due to the financial statements attached to the predictive control of documents.


section 13 of the financial control (20.3.2015/306) can, in a particular case, the application of the Insurance Association, agree to the Association, the minimum number of parameters to be used in calculating the solvency capital different from or, if they do not give a true and fair image of the Association.
The provisions of the insurance of the financial control of the Association's activities may give more specific capital 1 (a)-1 (d) of the allocation and the vähennettävistä.

L:lla 306/2015 modified section 13 shall enter into force on the 1.1.2016. The previous wording is: section 13 (December 29, 2009/1231) Financial controls can, in a particular case, the application of the Insurance Association, agree that the Association is different from the minimum number of parameters to be used in calculating the solvency capital or, if they do not give a true and fair image of the Association.
Chapter 11 distribution and other use of funds of the Association (on 31 March 2000/340) 1 section (December 29, 2009/1231) to the members of the Association of insurance funds can be distributed only as this law: 1) the distribution of profits and the distribution of the funds equity fund;
2 the distribution of the reduction in the reserve fund or funds) guarantee the repayment of capital reduction or;
about how to obtain the guarantee from 3) shares, redemption and pledge;
4 the distribution of the funds of the Association in the event of liquidation or merger).
No funds shall be divided before the registration of the Association.
What this chapter provides for the distribution of profits shall also apply to payments the interest rate guarantee.
The rest of the transaction, which will reduce the Association's assets or debts without a business justification and adds it to the illegal distribution of assets.


section 2 (20.3.2015/306) distribution of profit shall not exceed the last audited balance sheet and profit in accordance with the Association's balance sheet, unrestricted equity amounts less the point at a loss, as well as other jakokelvottomilla items, which are: 1) the amount of the order, which the Association shall be transferred to the reserve fund or otherwise leave without sharing; and 2 the amount of off-balance sheet of the Insurance Association) in the main categories of investments are included in "investments" unrealised value increases at an insurance company in article 17 on the basis of (1) and (2) of the marked retained, and the amount by which the fair value reserve is without negative.
A limitation of the extent of the guarantee the reduction of capital distribution, in Chapter 5, section 2, shall apply. The capital of the loan interest, or any other credits, the distribution of profits to the restriction provided for in Chapter 1, section 5 (c) of paragraph 2 and in article 5 (d).
The above distributions as referred to in sub-section 1 shall be prohibited where the Insurance Association's equity is less than the minimum quantity laid down in article 5. Equity is not, however, in this case, be treated as insurance of the Association made by the capital loan. Profit sharing is also prohibited, if it is known, or ought to know, that the Association is insolvent. Profit sharing is also prohibited, if it is known, or should know, that a decrease in equity in the distribution of profits to satisfy the minimum number of causes or the Association.

Article 2 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The previous wording is: section 2 (December 29, 2009/1231) distribution of profit shall not exceed the last audited balance sheet and profit in accordance with the Association's balance sheet, unrestricted equity amounts less the point at a loss, as well as other jakokelvottomilla items, which are: 1) the amount of the order, which the Association shall be transferred to the reserve fund or otherwise leave without sharing; as well as the

2 the amount of off-balance sheet of the Insurance Association) in the main categories of investments are included in "investments" unrealised value increases at an insurance company in article 17 on the basis of (1) and (2) of the marked retained, and the amount by which the fair value reserve is without negative.
A limitation of the extent of the guarantee the reduction of capital distribution, in Chapter 5, section 2 shall apply to the extent that the law provides. The capital of the loan interest, or any other credits, the distribution of profits to the restriction provided for in Chapter 1, section 5 (c) of paragraph 2 and in article 5 (d).
The profit sharing is prohibited as referred to in sub-section 1, if a big insurance policy the Association's equity is less than 10 (a) in the section of Chapter 4, or a small insurance provided for by the Association of less than 2 "in Chapter 5, the minimum quantity laid down in article. Equity is not, however, in this case, be treated as insurance of the Association made by the capital loan. Profit sharing is also prohibited, if the Association does not meet the requirements for exposure or if we know or should know that the Association is insolvent. Profit sharing is also prohibited, if it is known, or should know, that a decrease in equity in the distribution of profits to satisfy the minimum number of causes, of the Association of insolvency or any of its provisions, the requirements laid down in the law, kate does not meet.


section 3 (20.3.2015/306), Chapter 10 of the Insurance Association, which (a) (2) (a) in section 2 of the equity is less than the minimum number of this double, to build up a reserve fund at least annually to 10% of the profit of the movement.
A reserve fund shall be transferred to the face value of the guarantee the guarantee on the label in the share of contributions in excess of the amount received from the amount of the order, that the Association shall be transferred to the reserve fund. Association meeting may decide that a certain amount of off-balance-sheet for the freedom of own capital must be transferred to the reserve fund.
The reserve fund may be reduced in accordance with the decision of the meeting of the Association only in order to conceal the loss, unless shown on the balance sheet set out in it to be able to cover the transfer of the funds quoted on the ground, or to the Fund.

Article 3 of Regulation (EC) No 1467/2015 L:lla amended shall enter into force on the 1.1.2016. The existing wording of paragraph 3 of the Declaration of the Association shall include: a a small 10 (a) (2) (a) of Chapter 2 of my capital is less than the minimum amount, this double is the annual build a reserve fund for at least 10% of the profits generated by the movement. (May 19, 2004/417)
A reserve fund shall be transferred to the face value of the guarantee the guarantee on the label in the share of contributions in excess of the amount received from the amount of the order, that the Association shall be transferred to the reserve fund. Association meeting may decide that a certain amount of off-balance-sheet for the freedom of own capital must be transferred to the reserve fund.
The reserve fund may be reduced in accordance with the decision of the meeting of the Association only in order to conceal the loss shown on the balance sheet, set as it is not covered in the free transfer of funds, or on the ground in their own capital to the Fund. (on 31 March 2000/340), section 3 (a) (December 29, 2009/1231), section 3 (a) has been revoked by the Board of L:lla/1231.


section 4 (on 31 March 2000/340) to the shareholders ' Meeting decides to Association meeting. Association meeting may decide to share, as proposed by the Government, or the number of adopted by the more just, if it is an Association of the order of the obligation.


section 5 (on 31 March 2000/340) if the insurance funds of the Association are divided to shareholders who, contrary to the provisions of this Act, the shareholder shall be returned to that received by the interest Act (633/1982), section 3 (2) of the säädettyine, plus interest, together with interest, if he or she had a reasonable sharing of the resources of this in accordance with the law.
Allocation of resources to the implementation of the decision or the drawing up of the balance sheet, or on which the decision is based on an incorrect or the return of funds to strengthen the participants jointly and severally liable for the shortfall after the fulfillment of chapter 15, sections 1, 3 and 4 of Chapter 10 of the law and the Court of Auditors in accordance with article 3. (18.9.2015/1202)

L:lla 1202/2015 modified 2 shall enter into force on the 1.1.2016. The previous wording: allocation of resources for the implementation of the decision or the drawing up of the balance sheet, or on which the decision is based on an incorrect or the return of funds to strengthen the participants jointly and severally liable for the shortfall after the fulfillment of chapter 15, sections 1, 3 and 4 of both the Court of Auditors in accordance with article 51 of the law. (13 April 2007/470) section 6 of the Insurance Association's property is not authorized to use the Association's action seem foreign.
Association meeting may, however, have supported the decision by shareholders holding at least two-thirds of the votes cast at the meeting, to give the profits to be used at proportionate amounts of the general public or the purpose of Chapter 10 (2) (a) (a) of paragraph 2 shall have to say about the importance of equity. (20.3.2015/306)

L:lla 306/2015 modified 2 shall enter into force on the 1.1.2016. The previous wording is: Association meeting may, however, the decision, which has been supported by shareholders holding at least two-thirds of the votes cast at the meeting, to give the profits to be used at proportionate amounts of the general public or the purpose of Chapter 10 (2) (a) (a) of article I, section 10 (a) in the section referred to in Chapter 4, compared to the importance of equity there is no more to say. (May 19, 2004/417), section 7, (December 29, 2009/1231) the Association is not allowed to give loans or other money for the fact that the beneficiary of the funds to acquire the shares or assets of the Association guarantee the second belonging to the same group of community shares, a member of the shares, warranty holdings or any other shares in the company.


section 8 (noon/709) in the same group as the Insurance Association, or the Act on the supervision of financial conglomerates of the group referred to in the community to give credit and such placing of significant or fundamental responsibilities of the community, decisions must be taken by the Insurance Association's Board of Directors.
What, under the provision of the guarantee of the credit, shall apply by analogy to the setting of the second by the credit or other security for the payment.


section 9 (on 31 March 2000/340) if the Insurance Association has given a loan of money or assets for use in contrary to the provisions of article 7 are complied with, article 5.
The obligation of the Insurance Association has lodged against article 10, care should be taken to ensure that the guarantee shall be released, or be replaced by Association in the value of the collateral. The interest rate you pay on the amount that is to be replaced is section 3 of the interest referred to in paragraph 2. Shed your fulfillment of article 5.
If the Association as referred to in article 2 of the company's distributable earnings are reduced, so that the Association should not, according to article 7, to give the money a loan, the Association shall levy a monetary loans back to the extent that the aggregate amount of the distributable amount is greater than the Association.


section 10 of the Insurance Association may not give a guarantee to guarantee a foreign undertaking by the person.
Chapter 12 section 1 of the Insurance associations control (19 December 2008/896), the insurance associations is regulated by the financial supervisory authority. In this Act, the reference in the reference to the financial supervision of the insurance supervisory agency means.


2 section (19 December 2008/896) in the marketing of Insurance associations, as well as the supervision of the compliance with the terms of the agreement, the marketing and what the insurance company Act (521/2008) and the Act on the financial supervision.


section 3 (20.3.2015/306) if the Insurance Association belongs to the insurance company, the insurance group, as referred to in chapter 26 of the Act, the Association shall apply to the supervision of the said law.

L:lla 306/15 added to section 3 shall enter into force on the 1.1.2016. The previous wording is: section 3 (December 29, 2009/1231), section 3, is repealed by the L:lla/1231.


section 4 (19 December 2008/896), the financial supervisory authority supervises the activities of the insurance associations comply with the legislation on insurance and good insurance.
The financial supervisory authority responsible for monitoring the solvency of the Insurance Association and, in particular, that the factors affecting the interests of the insured persons is organized are safely taken care and that the Association of the management and control systems are adequate and reliable. In addition, the financial supervisory authority supervises the use of the terms of the contract of insurance marketing and associations.


section 5 (December 29, 2009/1231) Insurance of the Association and notwithstanding the ownership of Finnish insurance community is given to the Ministry of Social Affairs and health it within a period to be determined by the Ministry of information on its activities, which are necessary in order to carry out the tasks laid down in.


section 6 (19 December 2008/896), section 6, is repealed on 19 December 2008 the L:lla/896.


section 6 (a) (19 December 2008/896) if the financial supervision has ordered the cessation of the activities of the Insurance Association, the Insurance Association is wound up, and it must be dissolved.


Article 6 (b) (20.3.2015/306) Insurance Association, whose capital is less than 10 (a) in section 2 (a) of the minimum capital of action, for the approval of the Association shall be notified without delay by the Financial control of the financial recovery plan.
The Insurance Association, whose own capital, Chapter 10 (2) (a) (a) does not meet the section of the minimum requirements laid down in paragraph 2, shall, without delay, submit to the FISA's a short-term finance scheme for its approval.

If the financial supervision of insurance policyholders or insured persons otherwise considers the interests of the Association to be at risk, the financial supervisory authority may require the approval of the financial supervision of the Insurance Association to submit to the Association's financial recovery plan.
As part of paragraph 9(1) and (3) a financial recovery plan referred to in the financial control of the Association's activities can also increase the insurance capital of the vähimmäismäärävaatimusta, in order to ensure that the Association will be able to fulfil the solvency requirements in the future.
Financial supervisory authority may require that (a) in Chapter 1 (a) of the value of the items contained in the action in the capital will be reduced by 10 (a) in accordance with Chapter 2, section b of the statement was drawn up, if the market value of these important changes have taken place in the period between the date of drawing up of and, or it is otherwise necessary for the correct calculation of the image.
Financial supervisory authority may refuse, in part or in full, the Association of reading 10 (a) in Chapter 1, section 6 (a) and items referred to in paragraph 8 of part of the Association's activities in the capital.
The provisions of this section to the financial supervision of more detailed in the plans referred to in the information.

L:lla 306/2015 modified on 6 (b) of section shall enter into force on the 1.1.2016. The previous wording is: 6 (b) of section (May 19, 2004/417) a large insurance Association, whose capital is less than 10 (a) of article 2 of chapter operations in accordance with the minimum amount of capital, and a small Insurance Association, whose capital is less than 10 (a) in section 2 (a) of the minimum capital, the action is for the approval of the Association shall be notified without delay by the insurance supervisory agency's financial recovery plan.
A large insurance Association, whose capital is less than 10 (a) in accordance with Chapter 3 of the warranty, or insurance Association, whose own capital (2) (a) (a) does not meet the 10 chapter, section, or article 10 (a) the minimum requirements laid down in Chapter 4 shall immediately forward to the insurance a short-term finance scheme for its approval.
If the insurance policy-holders of the Association or otherwise by the Agency considers the interests of the insured in the insurance risk, the Office may require the approval of the Office of the Association of the Insurance Association to submit a financial recovery plan.
As part of paragraph 9(1) and (3) a financial recovery plan referred to in the insurance supervision agency may increase the vähimmäismäärävaatimusta capital of the Insurance Association's activities, in order to ensure that the Association will be able to fulfil the solvency requirements in the future.
The insurance supervisory agency may require that the insurance companies Act, Chapter 11 of the action referred to in article 2 of the capital value of the assets shall be reduced to 10 (a) in accordance with Chapter 2, section b of the statement drawn up in particular, where the market value of these important changes have taken place in the period between the date of drawing up of and.
The insurance supervisory agency may either partially or completely prohibit an association from reading the second paragraph of article 2 of Chapter 11 of the law of insurance company's items in paragraphs 6 and 8 into the Association's activities in the capital.
The insurance supervisory agency shall issue more detailed provisions in the plans referred to in this article for 6 (c) of section (December 29, 2009/1231) to the financial supervision of the insurance associations to safeguard the interests of insured persons may be prohibited from disposing of their assets, or panttaamasta if: (1) has been revoked L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: 1) the Association does not meet the 10 Chapter 3 (a) the scope of the provisions laid down in section requirements;

2) the Association does not meet the 6 (b) of subsection 2, the Association's activities provided for in the capital and the requirements laid down in the own capital;
3) Association no longer meets the 6 (b) of the Association's activities with the requirements laid down in the capital and the financial status of the Association continue to control a decline; or 4) the risk of the financial control of the opinion of the Association as referred to in paragraph 3.
In addition, the financial supervisory authority to set insurance Association article 29 of the law on the financial control of the Attorney. The agent's task is to ensure that the Association complies with the prohibition on the disposal of a fixed asset and banking. The Attorney shall be in addition to the powers provided for in that article the right to decide on the adoption of the agreement the insurance company Act, chapter 25 of the legal acts referred to in article 13.
Disposal of a fixed asset to the Insurance Association and the prohibition of pledge shall be valid for a maximum period of three months. Financial supervisory authority may, for a special reason to make a decision on the continuation of the ban for a period not exceeding three months.
The decision of the financial supervisory authority referred to in subparagraph (1) above shall indicate the time of the adoption of the decision, where the supply of the property and pledge of the period of validity of the prohibition, prohibition, the Attorney, as well as the impact of the enforceability of the decision of the appeal.
Disposal of a fixed asset to the Insurance Association and pledge of the ban also apply to what the insurance company Act, chapter 24 chapter 25 article 12 to 21, of the disposal of a fixed asset to the insurance company and the pledge of the ban.
The financial control of the disposal of a fixed asset and the decision on the appeal, in accordance with the pledge of the prohibition, the Act on the financial supervision provided for in what The appeal must be lodged within 30 days of the decision of the financial supervisory authority, has been published in the official journal of the European Union.


Article 6 (d) (d) to 6 7 – section 7 is repealed on 19 December 2008 the L:lla/896.



8 – 10 sections 8-10 of the L:lla brought an action/81 is repealed.

12 (a) in the figure (20.3.2015/306) (20.3.2015/306) Chapter 12 revoked L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording is: 12 (a) in the figure (the response/952) Vakuutusyritysryhmittymän for more control (December 29, 2009/1231) 1 section (December 29/12) for the purposes of this chapter: 1. the parent undertaking shall mean a parent undertaking within the meaning of the accounting Act) means any legal person whose financial supervision dominant influence on the part of the opinion, in fact, another undertaking;
2) subsidiary shall mean a subsidiary undertaking within the meaning of the accounting Act, as well as any other legal person, which, in fact, the parent company of the financial control of a dominant influence on the part of the opinion, as well as such a legal person;
3) qualifying holding shall mean any natural or legal person and an undertaking, in the event of a dispute between paragraph 6 of Chapter 1, a significant linkage; the rest of the stake, which creates a natural or legal person and an undertaking the permanent connection between and is intended to promote a natural or a legal person or a company belonging to the same group of companies with activities, forms of ownership;
the owner of a company shall mean a parent undertaking, 4), or any legal person who holds a participation in another entity;
5) related undertaking means a subsidiary undertaking, or an undertaking in which a participating interest within the legal person;
6 the insurance undertaking as an undertaking for the interested parties interested parties), insurance companies, insurance holding community, non-member-country insurance undertaking, a credit institution, as well as financial and investment firm;
7) an insurance undertaking within the meaning of the Insurance Association and the insurance companies act insurance companies as well as the equivalent of a foreign insurer, whose home State is a member of the European economic area;
8) non-member-country insurance undertaking foreign insurance company, which is engaged in the reinsurance and primary or State does not belong to the European economic area;
9) monialaomistusyhteisöllä shall mean a parent undertaking, other than an insurance undertaking, a non-member-country insurance undertaking, insurance holding community and the Act on the supervision of financial conglomerates in the ownership of a group referred to in the community and by the subsidiaries of which include at least one in the law for the Insurance Association;
section 2:10) vakuutusyritysryhmittymällä of the insurance companies referred to in paragraph 2 to 4, the owner of the relevant stakeholders and businesses as well as the owner of the company's affiliated undertakings.
In determining the meaning of the first subparagraph of paragraph 3, for the purposes of this chapter, also considered to be an indirect ownership of the omistuksena, which comes from the calculation, according to which the companies that do not belong to the same group, each successive holdings is multiplied by each other. In the case of the companies in the same group as the Bank's holdings in the Group's third company is considered for the purposes of this chapter, the immediate omistuksena.


section 2 (December 29, 2009/1231), who is the owner of the company, at least one insurance undertaking or non-member-country insurance undertaking, is subject to sections 4 and 5 of this chapter, section 7, subsection 1, 3 and 4 and 8, 11 and 12 of the law on Financial supervision of section 24 and section 26, subsection 1, the provisions of paragraph 2.
This section in Chapter 6, section 7, subsection 2 to 4 and 8, 11 and 12 of the law on Financial supervision of section 24 and section 26, the provisions of paragraph 2 shall apply to the Insurance Association, the parent undertaking of which is an insurance holding community or non-member-country insurance undertaking.
The Insurance Association, the parent undertaking of which is a monialaomistusyhteisö, this chapter applies is subject to section 8, 11 and 12 of the law on the control of Financial section 24 of the regulations.

In addition, the Association of insurance referred to in paragraph 1 and 2 shall apply to the insurance company, chapter 26 of the Act provides in article 6 to 10 for the calculation of the solvency capital of the custom action to be used and the calculation of the operational capital, putting them into a custom, the limitation of the affiliated undertaking with respect to the operation of insurance capital, the minimum amount of capital for the custom action and exceptions to take into account the capital of the affiliated undertaking with respect to the action.


section 3 (December 29, 2009/1231), the financial supervisory authority may decide that the provisions of this chapter shall not apply to the scope of supplementary supervision within the undertaking, if the undertaking is of minor importance only for the insurance of the Association in accordance with the objectives of the supplementary supervision of this chapter, or if the inclusion of the financial situation of the company in the scope of supplementary supervision it is not appropriate to the objectives of the supplementary supervision of insurance of the Association or it is misleading.
If the ownership of the parent undertaking of the insurance community, foreign reinsurance undertaking, non-member-country insurance undertaking or a subsidiary in Finland, monialaomistusyhteisöllä and at least one other Member of the European economic area State authorised insurance companies, financial supervisory authority may decide that the provisions of this chapter shall not apply to the Association of the Finnish insurance falling within the scope of supplementary supervision, provided that the insurance company for control of the group is the second of the State members of the European economic area, the insurance regulatory authority by the insurance company on the supplementary supervision of insurance undertakings in the Group of the European Parliament and of the Council Directive 98/78/EC, in accordance with the principles of and arising out of the insurance business in the State of for the supplementary supervision of any insurance company in the group, the necessary information.


section 4 (17 November 2000/943), section 2 of this chapter: (1) the ownership of the Insurance Association, as well as the Finnish insurance within the meaning of the community must have adequate internal control systems in terms of supplementary supervision in accordance with this chapter, for the production of relevant information. The insurance supervisory agency shall issue more detailed provisions on the organisation of internal control.


section 5 (December 29, 2009/1231), section 2 of this chapter of the Association for the supplementary supervision of insurance referred to in subsection 1, for the purpose of the Association shall be drawn up in an adjusted solvency calculation, which must be included in the insurance undertaking. The statement shall be submitted in the context of the financial oversight of the financial reporting.
Financial supervisory authority may grant a derogation from the calculation of the solvency of the Insurance Association of custom obligation, if it is another insurance company or the insurance holding company, the Finnish community stakeholders which has been taken into account of the insurance undertaking or in the ownership of the community of insurance solvency calculation. A derogation may be granted only if the solvency of the insurance companies involved in the calculation, equity-to-read items are properly and in a manner acceptable to the financial control of the shared between the companies mentioned above.


section 6 (December 29, 2009/1231), section 2 of this chapter of the Association of the insurance referred to in subsection 2, the parent undertaking shall be drawn up in the Finnish insurance holding community more control for the adjusted solvency calculation, which must be included in the parent's insurance affiliates. If the parent is a foreign insurance Association of insurance ownership in the community, or the non-member-country insurance undertaking, the Group of the insurance of the Association shall be drawn up in a statement. The statement shall be submitted in the context of the financial oversight of the financial reporting.
Financial supervisory authority may, by decision, decide that an adjusted solvency calculation referred to in this article shall be drawn up only if the parent undertaking of which is a parent undertaking must be subject to supplementary supervision in the top of the vakuutusyritysryhmittymän.


section 6 (a) (December 29, 2009/1231), on application by the association with the consent of the financial supervision of insurance and custom of the capital requirements may be imposed on the basis of the consolidated financial statements. The imposition of the consolidated financial statements on the basis of the adjusted solvency of this chapter, chapter 26 of the Act and the insurance company rules in sections 6 to 10.
In the case referred to in subparagraph (1) above, the custom action on the basis of the consolidated financial statements of the capital is provided for this action (a) in accordance with the provisions of Chapter 10 of the law on the capital. In the case of lots that are read from a custom action in the capital account must be taken of the insurance company, Chapter 7, 8 and 26 of the Act, section 10 of the regulations, as well as to the provisions of section 9 of the minimum operating capital.
On the basis of the consolidated financial statements provide a minimum amount of capital for the custom action is: 1), chapter 26 of the Act, section 9 of the insurance company in accordance with the minimum amount of capital for the custom action, in which case the relative proportions of the said provision, (2) are used in the preparation of the consolidated financial statements of holdings; or 2) calculated on the basis of the data in the consolidated financial statements of the action capital of the minimum amount, which is determined by this law and the law applicable pursuant to the insurance company in accordance with the provisions relating to the minimum operating capital.


7 section (17 November 2000/952) If article 2 of the Association referred to in subsection 1 of section 5 of the insurance under the calculated an adjusted solvency is negative, the Association shall be submitted for approval to the agency within a period to be determined by the insurance supervisory agency, the Association of a plan for solvency status.
If the second paragraph of article 2 of the solvency of the Insurance Association, referred to in paragraph 6, on the basis of the calculation for the section has been compromised, or may be, jeopardised, the Finnish Association of insurance on an insurance ownership the Community shall provide the Agency, within a period to be determined by the insurance supervisory agency for the approval of the capital plan for the holding of the Association. If a parent is the other 2 an undertaking within the meaning of section as a insurance holding community, the insurance plan for the Office of the Association shall be provided.
The recovery plan referred to in paragraph 1 and 2 shall include: 1) the status of the proposal for the reorganisation of the capital adequacy of the measures which are needed;
2.) a statement as to the way in which the interests of the insured persons of the proposed measures is estimated to affect prudent basis; as well as 3) the period within which the reorganisation measures are to be implemented.
The provisions of the insurance supervisory agency may issue more detailed rescue plan.


section 8 (December 29, 2009/1231) the financial supervisory authority shall monitor the activities of the insurance business of the Association and its affiliated company, the owner of the company and the owner of the undertaking.
In addition, the financial supervisory authority is to monitor the financial transactions of the Association of insurance and a natural person who holds a participation in an association or its affiliated company, the owner of the company or the owner of the business of the Association the Association affiliated with the company.
Must pay particular attention to the supervision of transactions concerning loans, guarantees and off-balance-sheet commitments, the action of capital, investments, reinsurance operations, and cost sharing agreements.
Insurance of the Association shall notify the Financial supervision at least once a year, 1 to 3 significant transactions referred to in the subsection as the financial control in more detail. If the basis of this information, it appears that the solvency of the Association is, or may be, jeopardised, the Association shall submit to the approval of the financial supervisory authority, within a period to be determined by the financial supervisory authority, the Association's financial recovery plan.
The transactions referred to in this paragraph may not be made on terms different from those between independent parties in similar transactions generally applied. The provisions of this subsection shall not apply to the acquisition of the required administrative services for group companies the group the company issued by the company and the subsidiary of the parent undertaking which is the capital and the debenture loans, which are necessary in order to strengthen the capital structure of the subsidiary.


9 – 10 § 9 section 10 is repealed on 19 December 2008 – L:lla/896.



section 11 (17 November 2000/952) if the Insurance Association did not provide insurance for the purposes of supervision provided for in this chapter, the necessary information, the insurance company of the affiliated undertaking with respect to the Association, a shareholder or a shareholder of the company of the affiliated undertaking with respect to the requirement to provide the Agency in possession of the relevant data to the Agency.


section 12 (17 November 2000/952) Notwithstanding, what the rest of the code provides for the continuity of the undertaking subject to supplementary supervision in accordance with this chapter and their stakeholders and partner companies have the right to exchange the relevant information for the performance of their supplementary supervision.
Chapter 13 (30/4/2004/333), the definition of article 1 of the liquidation and bankruptcy (30/4/2004/333) for the purposes of this chapter, the insurance claims from all those with insurance, the Association is responsible for the ensivakuutussopimuksen of the policyholder, the insured, the beneficiary or the injured, which has the right to demand compensation under the insurance policy directly to the Insurance Association, including reservations for unknown damage. The premiums that the policyholder the Insurance Association is obliged to return either the insurance contract pursuant to article 45 of the law or, therefore, that the insurance contract is not entered into force, or it is cancelled, shall also be considered insurance claims.


The provisions of section 2 relating to the winding-up (30/4/2004/333)


The decision on liquidation of the Insurance Association, explanation of the procedure and its effects shall be governed by the provisions of this chapter in the report on the State of the.


section 3 (30/4/2004/333), the Association shall be liquidated and dismantled, subject to section 12, Chapter 6 (b) the requirements laid down in paragraph 2 have not been met within three months of the date on which the matter was reported to the meeting of the Association. The insurance supervisory agency will, however, have the right to extend the time limit for a period not exceeding one year, subject to the interests of the insured in this way.
Association meeting may, in addition to what provides, shall decide on the liquidation and dissolution of the Association set.

(3) repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording of is: If the number of policy-holders of the Association, for two consecutive years in less than 300, with the insurance supervisory agency may take action in order to set the liquidation of the Association and, subject to the operation of the Association, the Agency continues to occur for that healthy vakuutukselliset criteria.



section 4 (30/4/2004/333) on the liquidation of the Association the notice convening the meeting shall state the main content of the proposal for a decision. The proposal, including its annexes, shall be kept for inspection by the shareholders of the Insurance Association, the headquarters of the Association at least one week before the meeting and shall be sent without delay to the shareholders who so request, and to make the Association remains to be seen.
The decision of the Insurance Association Association meeting of the Association of the liquidation and the dissolution of the 3 in one of the situations referred to in subparagraph (1) of section is valid if shareholders, with more than half of the votes cast, are supported, or in the case of a tie, where the sounds are gone, if the President has endorsed the decision. Otherwise, the decision shall be valid only if it is supported by those who have at least two-thirds or a meeting of the Association provided a larger proportion of the votes cast.
Liquidation begins when a decision is made. Association meeting may, however, under section 3 (2) in the case referred to in the order as the date for the start of the rest of the liquidation of a later day.


section 5 (30/4/2004/333) If it can be assumed that a large insurance policy the Association's activities in the capital is less than the amount of the guarantee provided for in chapter 10A of the Insurance Association of private capital does not meet the minimum requirement for equity, the Board of Directors and the Managing Director shall immediately draw up the annual accounts and the annual report for the period for which the financial statements and the annual report has not yet been presented to the Association, as well as make it available to the Auditors. In this case, it is, mutatis mutandis, to comply with the above statements, the report of the Board of Directors and the Auditors ' report. If the annual accounts and the annual report of the time also includes the previous fiscal year, is in this fiscal year to provide a separate annual accounts and the annual report.
If the financial statements referred to in paragraph 1 demonstrates that the Insurance Association in accordance with the policy of paragraph 1 are not met capital requirements, or own capital Association meeting shall be held within two months of the preparation of the financial statements. The Government must provide the insurance supervisory agency information at the invitation of the Association.
If the Board of Directors and the Managing Director have not, in the case referred to in subparagraph (1), drawn up the financial statements and the annual report, the insurance will urge the Government and the Executive Director without delay to prepare the annual accounts and the annual report and to submit them for inspection by the Auditors. If the call to be complied with, the Agency has the right to have the annual accounts and the annual report, give them and (2) of the statutory auditors to audit in that case, call the Association meeting.


section 6 (December 29, 2009/1231) if the Insurance Association is not in accordance with the first subparagraph of paragraph 3, at the end of the period in accordance with the action of the requirements laid down in the own capital, investment or association meeting, shall decide on the liquidation and dissolution of the Association. If the Association does not take a decision, the financial supervisory authority, shall provide the Association liquidation and dismantling.
Article 5 of the proposal for a decision of the Board shall be accompanied by the annual accounts and the annual report and the Auditors ' opinion.


section 7 – 7 to 10 section 10 is repealed by the L:lla/1231.



section 11 (December 29, 2009/1231) When an association meeting or a decision of the financial supervision of the company is being wound up, is at the same time, select one or more of the statement of the Government, the President and ceo and the Board. In addition, Financial supervision has the right to impose one of the liquidator. What this law of the Government and the members of the Board of Directors, shall also apply to the report, if the provisions of this chapter.
The Association is not subject to the liquidation of the insurance register toimikelpoisia statement must provide for the settlement of the financial supervisory authority, men, men. Prescription may apply for it, which may depend on the fact that the Association is the representative.


section 12 (30/4/2004/333) Insurance of the Association the liquidator is an announcement in the official journal of the European Union and on the liquidation of the decision to be informed of the costs of the publication in at least one newspaper in the seat of the Association. In addition, the liquidator shall notify the registration authority and registration authority's register of the liquidation of the decision on the imposition of, and an explanation of the choice of men.


section 13 (30/4/2004/333) the liquidators shall perform the Insurance Association of things during the liquidation. Explanation of the men have the right to continue the business of the Association to the extent that it is necessary to safeguard the interests of insured persons and the appropriate management of the inquiry procedure.
Hereinafter referred to as the obligation laid down in article 24, for the privilege of insurance claims, irrespective of the Insurance Association of the assets during the liquidation of the assets subject to rights in rem claims to be performed and a statement of the procedure for claims.
The liquidator must apply for a public challenge to the creditors of the Insurance Association. Specifically provided for in the public challenge. The liquidator must submit a declaration to the public challenge to the known creditors of the Insurance Association. The notice shall in particular deal with time limits, the penalties laid down in regard to those time limits, the authority which is competent to take the lodgement of claims or observations relating to claims and the claims of creditors, whether or not required, which is privileged, or secured.
All creditors, including the tax authorities of another EEA State and social security, and their similar claims are Insurance Association wound up in the same position to each other, and these claims shall be subject to the same ranking.
Unless otherwise provided elsewhere in the Act, the creditor shall inform the liquidator of the nature of the claim, the amount of time and it arose. In addition, the plaintiff must, whether he alleges preference, security in rem or reservation of title, and what assets are covered by his security. A liquidator shall provide copies of any supporting documents, if any.


section 14 (30/4/2004/333), the Association general meeting of the Association of insurance shall apply to the provisions of this law, the meeting of the Association, subject to the provisions of this chapter. If the continuation of the liquidation activities, it is necessary to put an end to or, the Association meeting may also decide to change the order of an increase of capital, the guarantee Association and in accordance with the provisions of this law, the capital on the loan.


section 15 (30/4/2004/333) the Auditors ' task is to stop the event of the liquidation of the Insurance Association. In Chapter 9, mutatis mutandis, to be followed during the liquidation. The auditor's report must also include a statement as to the opinion of the Auditors, whether liquidation unnecessarily prolonged.


section 16 (December 29, 2009/1231) creditors of the Insurance Association, during the period referred to in the public after the date of the summons on the liquidator shall pay all known debt. If the debt is to vindicate or erääntymätön, or it is for any other reason, to be able to pay off, the necessary resources must be separated from the assets of the Association, if it is sufficient. After this initial Fund plus interest has to be paid back. The remaining assets shall be distributed to the members of the Association, according to the Association. Association of the order, it may be provided that the property is low it may be decided in a different way.
If a shareholder wants to reproach against the Association, the action must be brought within three months of the date of the final settlement was presented to the Association.
If the shareholder is not within five years from the date of the final settlement was presented to the Association, registered to raise him to a share of the future, he has lost the right to do so. If the interest is negligible compared to the shared assets, financial supervisory authority may impose future state of liquidation of the notification. Otherwise, article 19 shall apply.


section 17 (30/4/2004/333)


After completing the tasks the liquidator shall, as soon as possible a final settlement be accountable by drawing up a report on the procedure for the entire report. The report shall also include a description of the distribution of the assets of the Insurance Association. The report shall be accompanied by financial statements and activity reports on the documents in the entire period of the liquidation. The report, including its annexes, shall be provided to the Auditors, who shall, within one month, give the rest of the Bill and the administration of the liquidation audit report part-time.
On receipt of the report of the Court of Auditors, the liquidator shall without delay invite the Association meeting to check the final settlement.


section 18 (30/4/2004/333), the Association shall be deemed to be dissolved, when a final settlement is presented in the Association. The liquidator shall be made for the purposes of the registration of the dissolution of the notification without delay.
Notwithstanding the provisions of paragraph 1, the shareholders of the Insurance Association, with at least one-third of the votes cast at the general meeting on the final settlement, may require a statement of a man to call a meeting of the Association on the chapter 15 filing referred to in article 6. In addition, Chapter 7, section 11 of the Act. The action must be raised within one year of the date of submission of the final settlement.


section 19 (30/4/2004/333) If after the dismantling of the Insurance Association shows up new funds or an action is brought against the Association or otherwise need a statement of measures, a statement of the space. The liquidator shall forthwith be made for the purposes of the registration of this Declaration. The invitation extended to the first meeting of the Association shall submit to the liquidation of the Association in accordance with the order.
In the case of insurance of the Association from the register after the removal of the need for a statement of work, insurance is the application, by the Association of the order of liquidation.
An explanation does not, however, in the case referred to in subparagraph (1) is extended, in the case referred to in paragraph 2 and the Association provide for the liquidation of the assets of the Association are not sufficient, if a statement of the amount of the costs to run or not to get the information and shareholder, creditor or other report to take in order to meet the costs of the inquiry procedure.


under section 20 (20.3.2015/306) if the insurance is set under the first subparagraph of article 3(2) of the liquidation of the Association by decision of the general meeting, the Association meeting to the Auditors ' opinion, may decide that liquidation is terminated and the activities of the Association will continue. The decision shall be valid only if it is supported by those who have at least two-thirds or a meeting of the Association provided a larger proportion of the votes cast. The decision does not, however, be made in accordance with this law if the liquidation is a criterion or if the Association's property is divided.
What provides, shall apply, if the Insurance Association, whose equity is less than the minimum requirement for the capital, once again meets the said standards.
When the decision on the termination of the liquidation and the continuation of the activities of the Association was the order of the Executive Board of the Association, the Association must be selected in accordance with the provisions thereof.
When the Government is selected, the report will have to be done without any further delay the decision on the termination of the liquidation and the selection of the Board for the purposes of the registration of a declaration of financial control and authority. The decision must not be implemented prior to registration. The Association's creditors retrieved public challenge remains in the vaikutuksitta, if the liquidation is terminated in accordance with this section.

L:lla 306/2015 modified section 20 shall enter into force on the 1.1.2016. The previous wording: article 20 (30/4/2004/333) if the insurance is set to the liquidation of the Association, the general meeting, the decision of the case referred to in article 3 (2) of the case, the Auditors of the Association meeting may, opinion, section 4, subsection 2, as provided for in the second sentence of the weighting of votes in the majority, may decide that liquidation is terminated and the Association's activities will continue. The decision does not, however, be made in accordance with this law if the liquidation is a criterion or if the Association's property is divided.
What provides, is to be followed, if 1) Association, which has been liquidated as a result of the capital is less than the amount of the guarantee in accordance with the provisions of Chapter 10 (a)) or (2) of the Insurance Association, whose equity is less than the minimum requirement for the capital, once again meets the said standards.
When the decision on the termination of the liquidation and the continuation of the activities of the Association was the order of the Executive Board of the Association, the Association must be selected in accordance with the provisions thereof.
When the Government is selected, the report will have to be done without any further delay the decision on the termination of the liquidation and the election of the Board for the purposes of the registration of the notification to the Agency and the Insurance Supervisory Authority. The decision must not be implemented prior to registration. The Association's creditors retrieved public challenge remains in the vaikutuksitta, when the liquidation is terminated in accordance with this section.


The provisions of article 21 of the bankruptcy (30/4/2004/333) shall apply to the provisions relating to the bankruptcy of the Insurance Association in the field of bankruptcy, unless this Act provides otherwise.


section 22 of the Insurance Association (30/4/2004/333), the property may be handed over to the bankrupt only Government or, when the Association is wound up, on the basis of the decision of the liquidation. During the bankruptcy proceedings, the Government and the association representing the former insolvency debtor or the start of the selected prior to the bankruptcy, ceo of the liquidators. In the course of bankruptcy proceedings may, however, choose the new members of the Government or a new report.
The Association has been declared bankrupt, the Court shall, without delay, inform the date and control. The Court must also, if the Agency makes it the presentation, to impose, in addition to the Agency's proposed by the person appointed as the one selected. This receiver is, in particular, ensure the interests of the holders of the bankruptcy of insurance claims in the nest.
If the property is not left at the end of the bankruptcy, the bankruptcy of the dissolution of the Association, is to be regarded as the final settlement is approved. The dissolution of the administrator shall immediately be notified to the right Centre, from which data is passed to the Registrar in the register.
If the property is left and the Association have been wound up, when its assets were handed over to the bankrupt, is on the Board of the Association to be called the meeting as soon as possible, in order to decide upon the liquidation of the Association. If the Association is wound up, when it is declared bankrupt, have to comply with article 19.


Common provisions on liquidation and bankruptcy section 23 (December 29, 2009/1231), the Association of Finnish insurance company is being wound up shall be entitled to take insurance for the Association an association meeting or Financial control. Bankruptcy is a party authorized to decide in a Finnish Court. The decision can be made without the previous chapter 12 of the measures referred to in article 6 (c), or after these steps have been taken.


section 24 (December 29, 2009/1231) insurance available is in liquidation or bankruptcy of the Insurance Association of the property than the equally similar to the privilege of access to the law on the payment of creditors access to the order of the arrangements within the meaning of the sale of the assets of the holder of a lien pantattuun (insurance claims).


section 25 of the Insurance Association (30/4/2004/333) during the liquidation the liquidator or trustee in bankruptcy to pay other than those resulting from the liquidation or bankruptcy of claims only referred to in subsection (1) of article 26 in accordance with the plan or with the authorization of the insurance case and control. Liquidation or bankruptcy, Chapter 6 (c) of the preceding article 12 referred to the transfer of assets and a ban on monitoring for the pledge of the agent fee, as well as the proceeds from interest and other assets to settle the costs incurred by the implementation of the measure shall be paid after the best covering claims attaching to the insurance claims, provided that the commencement of liquidation or bankruptcy, there has been a ban on the disposal of a fixed asset or during or within three months of the date when the ban has expired.


Article 26 (30/4/2004/333) the liquidator or administrator shall draw up a business plan, which includes a proposal for the continuation of the insurance claims and claims arising from the business to continue. The plan shall be submitted for the approval of the insurance supervisory agency.
The continuation of the business of claims shall be paid without prejudice to article 24, however, in accordance with article 25.
The continuation of the business of an insurance contract from the means: 1) in relation to such a claim, the Insurance Association of the undertaking by the Association or any other legal claim, which is born in the two months after the commencement of the liquidation or bankruptcy; the legal basis of the claim is considered not entitled to compensation or other benefit to the extent that the insurance is continued after the start of the liquidation or bankruptcy, and the policy-holder is the period after the commencement of the liquidation or bankruptcy of the paid insurance premiums; as well as the

2) other debt in relation to the kind of insurance claim, for which the Association, the Association of the undertaking or any other legal claim has arisen after the commencement of the liquidation or bankruptcy; the duration of the debt in relation to the continuation of the business, however, that part of the claim shall be considered part of the available, which is the commencement of the liquidation or bankruptcy.


section 27 (20.3.2015/306) section 27 is repealed by L:lla 20.3.2015/306, which shall enter into force on the 1.1.2016. The previous wording: article 27 (30/4/2004/333), the insurance associations are responsible for the claims, which have been mentioned in paragraph 24 of the privilege, in so far as they do not get to have been wound up or declared bankrupt, the insurance of their assets, even after the implementation of the obligation to pay shareholders more.
Associations between the responsibility of insurance set out in the accounts for the last payment in proportion to the revenue.
The liquidator or administrator shall, without delay, in accordance with paragraph 2, draw up a list of the associations and their responsibility as defined in article 5, applied in setting the ratio of the figures, as well as a list of the insurance supervision agency, where it must be kept for inspection by the public concerned for a period of 30 days. The Agency shall forthwith inform the list in the official journal of the nähtävilläolosta, chapter 14, in accordance with the procedure laid down in article 11 and, on request, provide a list of the concerned. Associations in setting specific performance and the relationship between the figures used to associations to obtain redress from the Agency, within 30 days of the end of the nähtävilläoloajan in the list.
When the list is final, the liquidator or administrator shall be recovered in accordance with the associations list.


Article 28 (30/4/2004/333) in liquidation or bankruptcy of the Insurance Association is allowed to give the new insurance.


section 29 (December 29, 2009/1231) the liquidation and bankruptcy of insurance, in addition to the Association, shall apply to the insurance companies Act, chapter 23, section 2, paragraph 2, article I, section 7, section 8, subsection 3, of the Act, section 9, section 11 (2) and (4) and section 12 (1) and (3) provides for liquidation of the insurance company and the liquidation tasks.


Accordance with the provisions of the European economic area, article 30 of the law (December 29, 2009/1231), Chapter 12, of the Association of insurance referred to in article 6 (c) the disposal of a fixed asset and pledge of the ban, as well as the right of liquidation and bankruptcy proceedings effects shall be governed by the law of 24, in addition to what the insurance company provides the insurance company's assets-and pledge of the liquidation and bankruptcy of the law applicable to the legal effects of the procedure.
Chapter 14 (on 31 March 2000/340), a merger of the article 1 of the Merger conditions (on 31 March 2000/340) Insurance Association (the company being acquired) may merge with another insurance Association (the Association) in such a way that the position of the acquiring insurance of the Association as well as other assets and liabilities are transferred to the Association without going into liquidation and the host.
The merger may take place in such a way that: 1) to the host Association and the Association of one or more of the company being acquired to blend in (absorption merger); or 2) at least two of the setting up of the Association, together with the host Association merges with itself (the combination of the merger).
Ensivakuutuksenottajaosakkaista of the Association the Association of shareholders being acquired.


2 section (on 31 March 2000/340) associations can blend in, even if the company being acquired, the Association is set to the liquidation of the property of the Association, unless the merging has been undertaken to distribute to shareholders.


Article 3 of the draft terms of merger and the registration (December 29, 2009/1231) associations of the merging companies shall draw up draft terms of merger in writing, which must be dated and signed.
The draft terms of merger shall be constituted of: 1) the names of the merging unions work, registration numbers and addresses of head offices;
2) in the case of a merger proposal as an amendment to the order of the host Association, the Association, as well as in the case of a merger proposal for the establishment of the Association, the Association of the order of the Association to be set up and suggestion on how the Government and the members of the Administrative Council and the Auditors are selected;
the proposal of the merging of the Association other than 3) section 1 of the possible participation of shareholders in the host referred to in the third paragraph of the Association to the members on the possible merger, due to be paid to the rest of the proposal for the consideration of the proposal for the consideration of the guarantee of the Association to the other shareholders being acquired and assimilated;
4) explanation of the equity loans, for which the creditors may object to the implementation of the authorization referred to in article 12.
5 to the ownership of the host Association of the Association) with a report on the merging of the warranty, the warranty, the number of the total nominal value of the shares, and the cost of the acquisition balance sheet marked takuuosuuslajeittain;
6. in order to carry out the necessary in the case of a merger proposal for consideration), uusmerkinnästä and the guarantee of a merger proposal for the disposition of the shares, as well as the host of the Association of the guarantee capital;
7 the date of the Division and of the consideration) proposal for the other terms;
8) a statement of the merging companies, the Management Board and the Board member of the Association, the Executive Director, auditor and independent auditor for acting as an expert on special interests and rights;
the reasons for the merger of 9), according to which consideration shall be determined, and the valuation of the relevant issues;
the implementation of the proposed merger, 10) from the date of registration of the proposal;
the amount of countervailable subsidies out of 11);
12) a statement by you, that after the merger, the acquiring insurance Association meets the scope of the provisions of Chapter 10 of the requirements as well as the solvency requirements laid down in Chapter 10 (a);
13) with a report on the merging of their assets, liabilities and capital and reserves, and their appreciation of the impact of the proposed merger on the balance sheet of the Association, as well as the host of the merging companies, irrespective of the methods to be applied;
14) with a report on the business of a mortgage of the assets of the merging of the associations law (634/1984) of the business of mortgages.
Unless otherwise provided for in this chapter, under the proposals referred to in paragraph 6 shall apply to the 4 and 5 of chapter uusmerkinnästä of the guarantee referred to in chapter a, of its own shares.
The merger plan is not required in paragraph 9 of the Declaration referred to in paragraph 2, if all the shareholders and the financial control of the merging unions agree to the fact that the resolution is not adopted.


section 4 (December 29, 2009/1231) associations of the merging companies shall notify the draft terms of merger for registration within one month of the signing of the plan. The merger will lapse, if the notification is not made within the time limit, or the registration will be denied. The notification shall be accompanied by the statement referred to in article 5 and the annexes referred to in article 6.
Notifying the merging unions together.


4. (a) section (December 29, 2009/1231) The merging unions right to the registration of the merger plan, before the right to oppose the merger. The same right is also a creditor, whose claim to be charge without judgment or decision as provided for in the implementation of the law on taxes and fees, and that this right must be born no later than the due date referred to in subparagraph 2 of the day.
The registration authority shall, on application by the Association as referred to in paragraph 1, the merging companies creditors notice of the creditor's right to object to the merger, which refers to a notification in writing to the date specified in the registration authority not later than on the day of the public notice number. The alert is to be lodged within four months of the registration of the merger or the merger is void. The registration authority shall publish a notice in the official journal no later than three months before the due date and to be registered with a public address on behalf of the public authorities.
The alert must, on application by the Association also host the Association's creditors, if the merger is the auditor referred to in article 5, according to a statement by the Association of debt likely to jeopardise the achievement of the host. In this case, the host of the Association of creditors shall apply the provisions of this chapter provides for the merging of the company's creditors.


4 (b) of section (December 29, 2009/1231) the Association shall, not later than one month before the date of the publication, send a written notice to article 4 (a) to the known creditors, referred to the need to have been born before the registration of the merger plan. If the owner of a share of the cooperative being acquired of the Association guarantee is in accordance with section 12, called for redemption shall be redeemed, creditors must be notified of the required quantities of shares and rights. The notification can be sent to the President of the Association until after the merger. If all of the owners are notified of the abandonment of the guarantee of the Association share the right of redemption, or they do not have the right of redemption, the announcement may, however, send in the past.


Article 5 of the draft terms of merger in the annexes (on 31 March 2000/340)


As an expert in one or more of the independent auditors the financial statements referred to in the Act, the inspector shall issue the opinion of each of the merging companies participating in the merger plan of the Association. The opinion shall be assessed whether the merger plan with the correct and adequate information with respect to matters which are likely to materially influence the cause of merger, the value of the consideration transferred, as well as the host Association and Division. On the opinion of the host Association is specifically mentioned, whether or not the merger likely to jeopardise the achievement of the Association's debts. The statement must be dated and signed, and it shall be accompanied by the draft terms of merger. (18.9.2015/1202)

L:lla 12/15 modified the Act shall enter into force on the 1.1.2016. The previous wording is: one or more of the independent expert, a CERTIFIED PUBLIC ACCOUNTANT-auditor or, if the merger will only be part of a small insurance associations, authorized public accountant or HTM-the opinion of the Auditor on the draft terms of merger must be provided for each of the merging companies, involved in the Association. The opinion shall be assessed whether the merger plan with the correct and adequate information with respect to matters which are likely to materially influence the cause of merger, the value of the consideration transferred, as well as the host Association and Division. On the opinion of the host Association is specifically mentioned, whether or not the merger likely to jeopardise the achievement of the Association's debts. The statement must be dated and signed, and it shall be accompanied by the draft terms of merger. (13 April 2007/470)
In addition, the opinion shall include: 1) with a report on the future of the Association's assets;
2 the evaluation of the assets used in the valuation methods), and by using the results of the claims;
3 for consideration) a statement of assets;
4) an estimate of the value of the property, whether or not for a consideration of at least the property to, and, if the consideration for the shares of the guarantee, the guarantee of the Association is the amount payable.
The property must be assessed immediately before the meeting of the Association.
If all the shareholders of the merging of the associations, as well as the insurance supervisory agency agree, it is sufficient that the opinion shall be delivered by the host Association, the convertible out of any of the assets and payment of the debts of the host Association is the merger likely to jeopardise the achievement of the payment.


section 6 (December 29, 2009/1231) the draft terms of merger in the case of each of the merging companies, be accompanied by: 1) copies of the last three financial statements and documents relating to the annual report, or, if the merger is to participate in the Association meeting, the strengthening of the financial statements and the report of the Board, a copy of the financial statements and the annual report and the annual accounts for the financial year preceding the decision of two of this and the documents relating to the annual report;
2) if in the last fiscal year, financial statements, which have passed since the end of the merger of the Office of Association general meeting by more than six months, and a meeting to deal with the strengthening of the financial statements and the report of the Board, a copy of the financial statements and the report of the Board of Directors, which may not exceed four months older and which has been drawn up and checked in accordance with the annual accounts and the annual reports of the provisions;
3 the last financial statements or the Government report) the accounts of the events that affect the status of the Association that have occurred since the substantially;
4. the opinion of the Management Board) statutory auditors and the financial statements, the report of the Board of Directors and the Board's report;
5) the opinion referred to in section 5 of the draft terms of merger;
6) 3 of article and article 5 (4) of the consents referred to in Financial supervision;
7) for each of the merging companies, after possibly the last financial year of the Association is made by decisions on resource allocation.


The adoption of article 7 of the draft terms of merger (on 31 March 2000/340) and the Association of the host Association, the merger decide on the merged entities.


section 8 (on 31 March 2000/340) invitation to the merger to the Office of Association general meeting can be delivered after announcing proposals of the draft terms of merger. The invitation shall be transmitted not earlier than two months and, unless a longer period of time, not provided for in the Association at least one month before the meeting of the Association or Chapter 7, section 1 of the attendance referred to in subsection 3. The meeting invitation is to be taken and the main content of the draft terms of merger.
The draft terms of merger, including attachments, shall be kept for inspection by the shareholders of each of the merging companies, the headquarters of the Association for a period of at least one month prior to the closing of the merger of the Association meeting and without delay, send to the shareholders who so request, and to make the Association remains to be seen.


section 9 (on 31 March 2000/340), the Association of Chapter 7 of the meeting of the decision concerning a merger shall be made in accordance with article 17.
If the merger plan will not be accepted without modification all the merging unions, the merger will lapse. The merging of the Association the Association meeting consideration of the draft terms of merger regulation can, however, change the allocation between the members of the Association. The change shall, without delay, inform the Governments as well as the other members of the Association of the merging unions in the same way as an invitation to the Association general meeting will take place.
The rejection of the Association meeting on the draft terms of merger shall, without delay, notify the registration. The merging of the Association shall notify the change to the draft terms of merger for registration no later than when applying for insurance referred to in article 11, the Agency's consent.


Article 10 (on 31 March 2000/340) in the case of a merger by the Treaty on the establishment of the Association of the draft terms of merger shall replace the book. The closing of the merger, the Association is also to choose the host of the Association of the Government and the members of the Administrative Council and the Auditors, unless otherwise specified in the merger plan.


The consent of the financial supervision (December 29, 2009/1231) section 11 (December 29, 2009/1231) within one month of the signing of the merging of the draft terms of merger in the insurance associations must apply for the consent of the financial supervision in the draft terms of merger and the merger of the Association of the order of confirmation for necessary change and, if the question is a combination of the merger, the new association the Association policy.
The merger of the host Association of the insurance associations must apply in the context of the application referred to in subparagraph (1) of the financial supervisory authority, the effect of the transfer of the amount of countervailable subsidies for the confirmation of merger arguments.
The merger of the application for the FISA is an announcement in the official journal of the host at the expense of the Association, unless that view, that the application is to be dismissed without further selvityksittä. The public notice shall call upon the merging of the Association insurance creditors, who want to make reminders to the financial supervisory application, within a period to be determined by it, which shall not be more than two months. Notice must also be given to the host Association of the vakuutusvelkojille, if the merger is, according to the opinion referred to in section 5 of the debt likely to jeopardise the achievement of the Association. The financial supervisory authority shall require the company being acquired, the Association without delay to make a home in at least one of the merging of the data of the publication on the newspaper, as well as, where appropriate, the amount of the financial control in addition to the as.
The financial supervisory authority, shall give his consent to the transfer, if: 1) the merger does not compromise the interests of the insured; as well as 2) is considered to be a hazard for compliance with the principles of sound and prudent operation of the insurance business of the Association.
Financial supervision is to attach to the general authorisation, the conditions necessary for the interests of the insured and why Jesus consented to a healthy and realistic in order to ensure compliance with the principles of the insurance business of the Association.
The company being acquired and the host Association, as well as a reminder to the author may appeal against the decision in accordance with the Act on the financial supervision. The complaint is to be dealt with as a matter of urgency.
Unless the consent is being requested within the time limit, or if it is refused and the refusal becomes final, the merger will lapse.


Guarantee of redemption (December 29, 2009/1231) section 12 (December 29, 2009/1231) the share of the acquiring insurance Association is to participate in the merger, the owner of the guarantee Association meeting, the redeeming their units and require a deposit to him must be reserved an opportunity to do so before the merger. Only the guarantee portion can be redeemed, that have been reported as significant to the last on the list of the Association or the guarantee percentage on the date of registration. In addition, it is required that entitle to vote against the merger decision.
If the terms of the guarantee of the right of redemption, or redemption of the shares does not fit in with the host Association, the case shall be referred to arbitration in accordance with section 4 of Chapter 16 of the handling of the dispute to arbitration. The warranty holder has to be filed no later than one month after the Union meeting. After the initiation of the guarantee holder is entitled only to the strike price. If the redemption procedure is subsequently confirmed, that they do not have the right of redemption, they have the right, in accordance with the draft terms of merger for adjustments to the draft terms of merger. If the merger does not proceed to judgment, the redemption procedure.

The purchase price shall be the date of the decision prior to the merger, the contribution to the guarantee a fair price. The determination of the redemption price does not take into account the value of the guarantee of the Association share merger possible merging degrading effect. The redemption price shall be paid an annual interest rate of the payment of the redemption price of the merger for the period between the decision and the interest rate referred to in article 12 of the 1990 law at any given time in accordance with the reference rate in force.
The purchase price is to be paid one month after the coming of the judgment declared enforceable by the implementation of the purposes of the registration of the merger, however, not before.
The payment of the redemption price corresponds to the host Association. The merging of the Association shall, without delay, inform the redemption requirements.


section 13 to 14 from 13 to 14, the section has been repealed by the L:lla/1231.



Notice on the implementation of the merger, and the legal effects of the merger (December 29, 2009/1231) section 15 (December 29, 2009/1231) it is the task of the merging unions on the implementation of the registration authority within six months of the notification of the merger of the financial supervisory authority, consent has been given. In the absence of such notification within the time limit, the merger will lapse.
Notice on the implementation of the merger, will replace in the case of a merger referred to in Chapter 4, paragraph 7, of the registration statement, and in the case of a merger referred to in Chapter 2, section 10 of the registration statement. For the rest, in order to carry out the necessary consideration to the provisions of Chapter 4 shall apply to the registration of the convertible and the provisions of Chapter 2, registration, of the host Association.
The notification shall be accompanied by the members of the Board of the Association of each of the merging companies and the President and ceo of the insurance, as well as the Auditors ' certificate of registration of the merger, the host, the Association receives full payment of the amount shall be entered in the Association's equity in Exchange for the granting of the guarantee. In addition, the notification shall be accompanied by a for each of the merging companies, the Association of members of the Board of Directors and the Managing Director to the effect that the merger has complied with the provisions of this Act, the decisions of the merging of the associations of the merger as well as the expression of the consent of the financial supervision.
The registration authority shall register a merger, if the creditor has not objected to the merger, or if the creditor has received payment, according to the judgment of the Court, or to safeguard the security saatavastaan.
If the creditor has objected to the merger, the registration authority shall notify the Association without delay after the date. The amount of the creditor's opposition to a merger of the lapse of one month after the date. However, the registration authority shall suspend the proceedings, if the Association indicates that it has initiated an action within one month of the date of its establishment, that the creditor has received payment, or to safeguard the security saatavastaan, or, if the Association and the creditor jointly ask for a stay of proceedings.
If the merging unions more than one property is in effect an undertaking within the meaning of the mortgage company mortgage law, the merger will not be registered unless, at the same time, on the basis of an application to register the associations and mortgage holders, the agreement on the organisation of the claim of mortgages.
The registration process must be taken into account in the implementation of the planned merger of the registration period, unless there is no barrier and the date not later than four months after notification.
What this article does not apply to velkojasta, vakuutusvelkojaa.


section 16 (on 31 March 2000/340), Chapter 7, section 20, article 2 and 3 by way of derogation from the decision of a merger, must be brought within six months of the conclusion of the meeting of the Association on the decision. The Court shall, without delay, inform the application of the final judgment confirming the registration authority.
Although the merger has been registered, it will be cancelled, if the decision of the Court of the merger, according to the final judgment shall be null and void. The company being acquired and the acquiring of the obligation of the Association the Association are jointly and severally responsible for any of the host, who was born after the registration of the merger, but before the registration authority is called the Court of a final judgment.


section 17 (on 31 March 2000/340), the merging of the Association insurance database, as well as other assets and liabilities, with the exception of chapter 15, sections 1 and 3 of Chapter 10 of the law of the Court of Auditors, and 3 the requirement, based on the article without going into liquidation and transferred to the host Association, when the implementation of the merger has been registered. At the same time, the company being acquired, the Association. (18.9.2015/1202)

L:lla 12/15 modified the Act shall enter into force on the 1.1.2016. The previous wording: the merging of the Association insurance database, as well as other assets and liabilities, with the exception of chapter 15, sections 1 and 3 of article 51 of the law and the Court of Auditors, based on the requirement, move without going into liquidation and the host Association, when the implementation of the merger has been registered. At the same time, the company being acquired, the Association. (13 April 2007/470)
In the event of liquidation of the Association to the members of the cooperative being acquired of the gives rise to a right to subrogation, and they will be the host of the Association of shareholders, in accordance with the draft terms of merger. The acquiring of the receiving or acquiring the shares owned by the Association of the guarantee of the Association shall not, however, give a right to subrogation.
When the Association has merged with another Union, the Association of the policy-holder being acquired, which has not contributed to the merger and for taking a decision on that is not the insurance contract Act (561/1994) in accordance with article 12 of the right to cancel the insurance at any time, have the right, within three months of the notification in writing to terminate the insurance of their contracts.
The Government of the host Association shall notify the registration of the merger within one month of the implementation of the merger, by proclaiming it in the official journal of the Association for at least one of the merged newspaper, as well as the seat of the Agency shall, where appropriate, the amount of the insurance. The notification shall also include the reference to the right of the policyholder to terminate the insurance referred to in paragraph 3 of the agreement.
The merging of the Association Board of Directors and the Managing Director of the Association shall be a meeting of the shareholders of the acquiring in the final settlement. The final bill of discharge shall contain the annual accounts and the annual report for the period during which the financial statements and the annual report has not yet been presented for the consideration of the Division of the Association, as well as an explanation. A final account, shall apply to the verification of the audit of the financial statements. The shareholders ' meeting, shall apply to the Association's meeting. The allocation of the consideration and the final settlement called, a division of the continuation of the cooperative being acquired of the lifting of the debt burden has been reduced, as well as the report of the Association, shall apply to the section 16 of Chapter 13 (2) and (3) and, in the case of article 5 of chapter 15 (1) or of the action, in accordance with section 18 of Chapter 13 (2) and section 19 (1) of the Act provides. The final settlement shall be notified to the mark applied for, as referred to in Chapter 10, section 11. (30/4/2004/333), 14 (a) in the figure (on 31 March 2000/340) the handing over of section 1 of the insurance portfolio (December 29, 2009/1231) Insurance Association (to give up) can dispose of their portfolios of contracts to an insurance Association (the Association) or to the insurance company (the acquiring company). The position of the transfer of the insurance the insurance company to the receiving company shall apply to the provisions of this chapter and, in respect of the Association.
The position of the part of the transfer of the insurance portfolio shall apply.
In the event of an insurance database will be handed over to the insurance company, will apply, in addition to what the insurance company of the Insurance Act, chapter 21 provides for the database and its part.
The host association or company is also to be transferred to the corresponding part of the purposes of the Association luovutettavaa insurance the amount of countervailable subsidies.


2 section (on 31 March 2000/340) Insurance database may be disclosed, even to give up the Association has been liquidated.


section 3 (December 29, 2009/1231) the Governments of the host Association of the transferring and shall draw up a written plan for the portfolios, which must be dated and signed.
Under the plan, the transfer must be: 1 the name of the transferring and receiving the Association), registration number, address and place of residence;
2 as an amendment to the order of the host Association, Association) the proposal;
as far as ensivakuutuksiin, based on the contribution of 3) the proposal as far as possible, based on the contribution of the host and the jälleenvakuutuksiin Association or mutual insurance company;
4) proposal for a possible run at a portfolio and its terms;
5) report on donor and member of the Management Board and the Government of the host Association, the Managing Director, as the independent auditor and to the auditor for an expert on special interests and rights;
6) with a report on the insurance portfolio transfers;
7) to be donated to transfer the agreed insurance and to cover the assets;
8) proposal for a portfolio from a planned release date of entry into force;
the amount of countervailable subsidies out of 9);
10) a statement by you, that to give up the Insurance Association, which is not in liquidation, and the receiving of the Insurance Association, comply with the provisions of Chapter 10 of the scope of supply of the following requirements, as well as the solvency requirements laid down in Chapter 10 (a).


section 4 (18.9.2015/1202)


As an expert in one or more of the independent auditors by law the position of the statutory auditor (s) shall provide a declaration referred to in the disclosure of the opinion, as well as disclosing that the host of the plan for the Association. The opinion is to be assessed whether the plan is accurate and sufficient information with respect to matters which are likely to materially affect the position of the reason for the transfer, the receiving of Insurance Association to move to transfer the insurance portfolio and its assets, as well as any consideration as cover for the agreed value of the assessment. The opinion is a separate State if the handing over of debt likely to jeopardise the achievement of the Association's insurance portfolio. The opinion of the expert and otherwise, shall apply, mutatis mutandis, to section 5 of Chapter 14.

L:lla 1202/2015 changed section 4 shall enter into force on the 1.1.2016. The previous wording is: section 4 (13 April 2007/470) as an expert in one or more of a firm as an independent auditor or, if the transfer takes place between the two small Insurance Association, CERTIFIED PUBLIC ACCOUNTANT-auditor or the auditor must give the index.htm, portfolios, as well as disclosing that the host of the plan for the opinion of the Association. The opinion is to be assessed whether the plan is accurate and sufficient information with respect to matters which are likely to materially affect the position of the reason for the transfer, the receiving of Insurance Association to move to transfer the insurance portfolio and its assets, as well as any consideration as cover for the agreed value of the assessment. The opinion is a separate State if the handing over of debt likely to jeopardise the achievement of the Association's insurance portfolio. The opinion of the expert and otherwise, shall apply, mutatis mutandis, to section 5 of Chapter 14.


section 5 (30.12.2004/1320) the plan must be accompanied by the transfer, as well as in the case of the transferring and receiving: 1) copies of the last three financial statements and documents relating to the annual report, or, if the portfolio is to participate in the Association meeting, the strengthening of the financial statements and the report of the Board, a copy of the financial statements and the annual report and the annual accounts for the financial year preceding the decision of two of this and the documents relating to the annual report;
2) if in the last fiscal year, financial statements, which have passed since the end of the portfolio to the Office of Association general meeting by more than six months, and a meeting to deal with the strengthening of the financial statements and the report of the Board, a copy of the financial statements and the report of the Board of Directors, which may not exceed four months older and which has been drawn up and checked in accordance with the annual accounts and the annual report, where applicable, the provisions;
3 the last financial statements or the Government report) the accounts of the events that affect the status of the Association after the incidents that take place essentially;
4. the opinion of the Management Board) statutory auditors and the financial statements and the Government's report;
5) the opinion referred to in section 4 of the portfolios of the Euratom Treaty.


section 6 (on 31 March 2000/340) from a donor and host Association portfolio decide Association meeting.


section 7 (on 31 March 2000/340) invitation to the portfolio to the Office of Association general meeting shall be transmitted not earlier than two months and, unless the Association not provided for in the longer time, not later than one month before the meeting of the Association or Chapter 7, article 1 (3) of the said notification of attendance. The meeting invitation is to be taken and the main content of the portfolios of the plan.
A plan for the implementation of portfolios, including attachments, shall be kept for inspection by the shareholders, the headquarters of the Association of the transferring and receiving at least one month prior to the disposition of the closing meeting of the Association and with the least possible delay, send to the shareholders who so request, and to make the Association remains to be seen.


section 8 (on 31 March 2000/340) Association meeting, Chapter 7 of the portfolio will be made in accordance with article 17.
If the transfer plan will not be accepted without modification, as well as the position of the donor that the handing over of the host Association, the insurance lapses.


section 9 (December 29, 2009/1231) within one month of the signing of the plan relating to the portfolios of the insurance associations must apply for the consent of the financial supervision plan and confirmation of the order of the change in the base of the transfer the Association.
The host Association for the purposes of the Association and must be applied for in the context of the application referred to in subparagraph (1) confirmation of the transfer of the amount of countervailable subsidies for the financial control of the arguments.
The transfer of the application to the detriment of the host Association of the financial control of the it is an announcement in the Official Gazette, unless it's view, that the application is to be dismissed without further selvityksittä. The public notice shall call upon them-which ensues from the insurance position of insurance insurance creditors, who want to make reminders to the financial supervisory application, within a period to be determined by it, which shall not be more than two months. Notice must also be given to the other vakuutusvelkojille of the transferring of the Association, if the portfolio is in section 4 of the opinion referred to in the payment of the debt likely to jeopardise the achievement of the purposes of the Association. Notice must also be given to the host Association of the vakuutusvelkojille, if according to the opinion of the insurance portfolio disclosure is liable to endanger the safety of the host Association for the debt payment. The financial supervisory authority is required to give up the Association without delay to make a data publication in at least one of the purposes of the Association, in addition to the domicile of the newspaper, as well as, where appropriate, by the number of Financial control.
The financial supervisory authority, shall give his consent to the transfer, if: 1) to the position of the disclosure does not compromise the interests of insurance insured persons; as well as 2) portfolio disclosure is considered to be a hazard for compliance with the principles of sound and prudent operation of the insurance business of the Association.
Financial supervision is to attach to the general authorisation, the conditions necessary for the interests of the insured, as well as why Jesus consented to a healthy and realistic in order to ensure compliance with the principles of the insurance business of the Association.
The host Association, as well as a reminder to the author may appeal against the decision in accordance with the Act on the financial supervision. The complaint is to be dealt with as a matter of urgency.


Article 10 (on 31 March 2000/340) the position of the Association, the Insurance control pass to the receiving Agency has given its consent to the insurance database. The Agency may, on application, to strengthen the position of the transition to a period of insurance under this myöhemmänkin.
If consent is not retrieved within the time limits, or if it has been refused and the refusal has become final, the handing over of the requested person is statute-barred.


section 11 (on 31 March 2000/340) When the Association is disposed of their portfolios of contracts to an insurance database to another Association, the holding of the policyholder, who has not contributed to the transfer of, and which does not have an insurance contract law article 12: the right to cancel the insurance at any time under shall have the right, within three months of the notification in writing in accordance with paragraph 2, to terminate the insurance contract.
The Government requested the Association shall inform the portfolio within one month of the transition to the trustee for the purposes of the Association, as well as at least one of the official journal of the home on a newspaper and, in addition, as the number of the insurance supervisory authority, if necessary. The notification shall also include the reference to the right of the policyholder to terminate the insurance referred to in subparagraph (1) of his contract.
Chapter 15 section 1 of the compensation obligation (December 29, 2009/1231) member of the Board of Directors, Member of the Management Board and the Executive Director is to be replaced by the damage, which he is in Office, Chapter 1, section 6 (d) breach of the duty of care obligation provided for in either intentionally or recklessly caused the Association.
Founder, Member of the Board of Directors, Member of the Management Board and Chief Executive Officer is obliged to compensate the damage which he has in his position by the way, the provisions of this law or of the Association, either intentionally or through negligence caused to individuals by breaches of the order of the Association, a shareholder or any other person.
If the injury is caused by violating this law in any other way than the mere violation of Chapter 1, the principle referred to in article 6 (d), or if the damage is caused by breaking the Association provision of the order, the damage shall be considered as the person responsible for the negligence, subject to the procedure: deflation in the click the beginning carefully. The same applies to the damage that is caused to the insurance companies Act, Chapter 8, section 11, subsection 2 of the Act related to the benefit of the agreement.


2 section (on 31 March 2000/340), section 2, is repealed on 31 March 2000/340 L:lla.


section 3 (December 29, 2009/1231) the contributor shall be replaced by the damage, which he is contributing to the infringement of the provisions of this law or of the order of the Association, either intentionally or recklessly caused the Association to another shareholder or any other person.
The damage that is caused to the insurance companies Act, Chapter 8, section 11, subsection 2 of the Act, related to the benefit of the negligence, unless the shareholder shall be deemed to: deflation in the beginning to get to the point.


3. (a) section (December 29, 2009/1231)


Meeting of the President of the Association is to be replaced by the damage, which he is in Office, the provisions of this law or of the Association, either intentionally or through negligence caused to individuals by breaches of the order of the Association, a shareholder or any other person.


section 4 of the damages so that the mediation, as well as the liability of two or more korvausvelvollisen is valid, what are the damages Act (412/74) in Chapter 2 and 6.

L:lla is repealed on 31 March 2000/340.



section 5 (December 29, 2009/1231) an action for damages on behalf of the Association to raise 1, 3 or 3 (a) of article 10 of the law of the Court of Auditors, or chapter in accordance with article 3, to decide the Association meeting. The Government, however, have the right to decide on an action, based on the increase in crimes. (18.9.2015/1202)

L:lla 12/15 modified the Act shall enter into force on the 1.1.2016. The previous wording is: an action for damages on behalf of the Association to raise 1, 3 or 3 (a) of section 51 of the law of, or the Court of Auditors, pursuant to article decide Association meeting. The Government, however, have the right to decide on an action, based on the increase in crimes.
Meeting of the Association on the decision on the discharge to the failure does not prevent or cause of action arising from an association without complaint, if the Association is not in the financial statements or in the audit report for the meeting or otherwise not of an essentially correct and complete information about the performance of the decision or measure.
If the Association is declared bankrupt's application, which was made within two years of the Association it was decided to grant discharge or refuse the claim, without prejudice to this decision, of the bankrupt estate may take action.


section 6 (December 29, 2009/1231) by one or more of the shareholder has the right to take action in their own name in order to carry out the insurance compensation to the Association under section 5 (1) and (2) without prejudice to the date of the initiation of the action, if it is likely that the Association in respect of the claim for damages and make sure that the applicants at that time is not less than one-tenth of the total voting rights of the company.
The Association shall be given an opportunity to be heard, unless it is manifestly unnecessary. The action will drive the shareholders are responsible for their own costs, but they have the right to receive the compensation Association, if the Association the right to visits from the funds sufficient.
If any liability has been an association meeting, the decision of the discharge, the case should be brought within three months of the Association decision. If the same association meeting is Chapter 9, article 6 provided for the delivery of the special inspection required and supported, the application may, however, be always raise within three months from the date on which its opinion has been presented to the Conference on the establishment of an inspector, the Association, or the application rejected.
A contributor does not have the right to obtain compensation for the damage caused to the Association.
At the request of the shareholders of the Insurance Association, the Association has a duty to investigate, and to provide a certificate stating that the applicants in the case referred to in subparagraph (1) is at least one-tenth of the total voting rights of the company.


section 7 (December 29, 2009/1231) on behalf of (1), (3) or (3) of the Association (a) the law of the Court of Auditors article pursuant to article 3 of Chapter 10 of the ride-on the action can not be increased, unless the application based on the crimes: (18.9.2015/1202) L:lla 1202/2015 changed the introductory paragraph shall enter into force on the 1.1.2016. The previous wording is: (1), (3) or (3) on behalf of the Association (a) the law of the Court of Auditors, article 51 of the proceedings cannot be increased unless the ride-on the action based on the crimes: 1) against the founders of five years after the adoption of the Treaty on the establishment of the Association meeting, a decision was made;
2) members of the Board, Member of the management board or the Executive Director against the five years after the end of the financial year to the date on which the decision was made or the action taken, to which the application is based;
3) auditors against the five years after the adoption of the opinion of the Court of Auditors report, when it, or a certificate with which the action is based; and 4) the President of the Association against the shareholder meeting of five years after the date of any decision or measure, to which the application is based.
If the association with the executable time limit for bringing an action has expired, is not within the meaning of section 5 of the application to be able to raise it after a month has passed since the date of the bankruptcy from a control.


section 8 (18.9.2015/1202) the Association shall not be limited by the Association (1), (3) and (3) of this chapter, a section of the article 3 of Chapter 10 of the law of the Court of Auditors or of the right to damages, if the damage is caused by: 1) by breaking of the provisions of this Act, which cannot be derogated from the order of the order of the Association; or 2) otherwise intentionally or with gross negligence.
The Association for the right to compensation can be otherwise with the consent of all the shareholders ' Association Limited.
It is not possible to restrict a shareholder association or any other person of this chapter or section 3 of Chapter 10 of the law of the Court of Auditors, of the right to claim damages or cause of action.

L:lla 1202/2015 modified section 8 shall enter into force on the 1.1.2016. The previous wording is: section 8 (December 29, 2009/1231) it is not possible to restrict the Association the Association's (1), (3) and (3) of this chapter, (a) the law of the Court of Auditors, article or under article 51 of the right to damages, if the damage is caused by: 1) by breaking of the provisions of this Act, which cannot be derogated from the order of the order of the Association; or 2) otherwise intentionally or with gross negligence.
The Association for the right to compensation can be otherwise with the consent of all the shareholders ' Association Limited.
It is not possible to restrict a shareholder association or any other person by this chapter or by the Court of Auditors in accordance with article 51 of the law the right to claim damages or cause of action.
Chapter 16 miscellaneous provisions section 1 (on 31 March 2000/340) Notwithstanding the provisions of the civil service, May 15, 5 and 6 of the compensation referred to in the action before the Court of the domicile of the drive Association. The same offence, the Court may consider the claim for compensation, based on paragraph 3 of Chapter 3 of the guarantee referred to in paragraph 3, the redemption of the shares of the dispute, as well as in Chapter 5, section 4 (4) and section 13 of the 14 century: an action referred to in paragraph 5, whether or not the creditor received payment, or to safeguard the security saatavastaan.


section 2 of the Challenge and the rest of the service shall be deemed to be delivered to an association, when it has been served on the Board Member, Executive Director or to any other, which has the right, individually or together with another person to write the name. If the Association is not registered in the trade register of members of the Board, President and ceo, or anything else that has the right, individually or together with another person to write the name of the Association, in the service of the Association shall apply mutatis mutandis, what chapter 11, paragraph 7, of the code of judicial procedure. (on 31 March 2000/340)
If the Government wants to bring an action against the Association, the Association for the meeting to be called to choose an agent to represent the Association. The challenge is considered in this case, the Association delivered, when it is presented to the Association.
If the Government wishes to condemn the decision of the meeting of the Association, the power is not Chapter 7, section 20 of the lost, if the call to the Association general meeting, in which the Agent sets, have been delivered within three months of the date of the meeting to which the action is brought against the Association decision.


section 3 (December 29, 2009/1231) to complain about the decision of the meeting of The Association of the action has been brought, the applicant's claim, the Court may, before the proceedings provide that the decision should not be put into effect. The solution may not be separately to complain.
On behalf of the Court of Justice shall, without delay, provide the solution to your Financial control as well as the decision of the general meeting, if the Association is such that according to the law, for the purposes of the registration shall be notified to the registry authority, also. The Court shall notify the register for inclusion on the validity of the information act.


section 4 (December 29, 2009/1231) the Association of the order of the order dealing with the dispute in arbitration is binding on the owner of the Insurance Association, the share of the Government, the guarantee, the Management Board, the Board of Directors and member of the Management Board, the Executive Director, as well as auditors, like the special agreement between the parties, as provided for in the Act on arbitration. Association of the order of the Ordinance under section 3 of Chapter 3 of the purchase referred to in the clause to be due to the strike, or working with the redemption price of the dispute by arbitration is binding on the parties to the dispute, respectively.
Association of the order referred to in subparagraph (1) above, the provision shall apply only to the application that has arisen after the registration of the order.
If the dispute between the Association and the Government will be moved to the men's section 2 shall apply to the arbitration, and (3) provides for the setting up and the amount of time an agent.


section 5 of the Insurance Association, the registry for notifications and communications authority is in addition to what has been said in this law, in force for what is specifically provided for.
In this Act, the registration authority is the meaning of the National Board of patents and registration.


section 6 (December 29, 2009/1231)


If the stock of the companies Act, Chapter 8 of the obligation laid down in article 10, shall submit documents to the registry authority, registration authority may be required by the Executive Director or member of the Board of Directors, subject to a penalty payment, to submit it to the latter has determined period of time.
The decision, in which the registration authority has imposed a periodic penalty payment may not be appealed.


section 7 (December 29, 2009/1231) which intentionally) carries out insurance in respect of article 4 of Chapter 1 or 5 in breach of the provisions of article 1, or 2) to give the provisions of section 28 of Chapter 13, or the financial supervision pursuant to article 27 of the law on the functioning of the limit laid down in violation of the new Insurance Act, must be condemned, if not negligible, unauthorized modification of the pursuit of the business of insurance to a fine or imprisonment up to one year.
The public prosecutor is a crime within the meaning of subparagraph (1), before the prosecution to set aside Financial control of the opportunity to give its opinion on the matter. The Court is dealing with the criminal case be set aside for Financial control at this opportunity to be heard.


section 8 (December 29, 2009/1231) which intentionally 1) is an intermediary between the provision of this Act relating to the limitation of the right to vote or to circumvent the order, the order of the Association 2) violation of the provisions of this Act, the Court of Auditors report on the financial supervisory authority, Chapter 3) 12 6 c of the breach of the prohibition on transfer or be determined by the management of the property of the Association, which is holding back 4) violates the provisions of an independent expert to work for drawing up the opinion of the Auditor, 5) to share the resources of the Association in contravention of the provisions of this law , 6) gives the chapter 11, section 10 of the collateral in accordance with the law, or (2) (a) of Chapter 3 of 7) in violation of a ban on the insurance value of the Association of the Finnish securities market act on public trading referred to, is to be condemned, if the Act is not a minor, or a heavier penalty, as provided for by law, is not in the rest of the Insurance Association of the offence to a fine or imprisonment up to one year.


section 9 (December 29, 2009/1231) which intentionally) guarantee the adoption of a share certificate väliaikaistodistusta is contrary to the provisions of this law, 2) violation of the Marketing Association meeting, seen by the provision of the Protocol, 3) fails to guarantee a list of shares, or the marketing of a list of unit-holders or of the warranty the warranty for inspection by the public, 4) acquires shares in the insurance company Act, Chapter 4, without section 5 of this Act, or of the Declaration referred to in the financial supervisory authority, or an insurance company law on the basis of article 9 of Chapter 4 of the breach of the prohibition on the acquisition of the guarantee provided by the contributions , 5) violating the company law, the provisions of Chapter 8, section 10 of the financial statements, the consolidated financial statements or the submission of the report of the registry authority or fails to provide the notice to be provided to the financial supervision according to this law, or any other information, 6) fails to comply with, what Chapter 2, section 9, subsection 1, paragraphs 1 to 3 of the conditions provided for in the Treaty establishing the meeting of the decision making, the breach of the provisions of this Act, or 7), the report of the Board of the financial statements, the consolidated financial statements, the financial statements, or chapter 13, section 5: drawing up of the annual accounts referred to in paragraph 1, or a merger or liquidation of the Insurance Association of the final adoption of the Bill of , must be condemned, if the Act is not a minor, or a heavier penalty, as provided for by law, is not in the rest of the Insurance Association of the offence to a fine.
It also condemns the violation of the Insurance Association, which gross negligence is, as referred to in paragraph 1 of the 7.


section 10 (December 29, 2009/1231) That the insurance company or association or any of its service as a member of these bodies or on behalf of the Association as a member of the role of the insurance or making in carrying out or of the Board of the insurance industry or in the service of the institution responsible for the or as a member or as an expert on the basis of a mandate or under 2 to 5 has got to know the Insurance Association, the financial position of the customer or someone else's, or the State of health or other personal circumstances of the fact, or commercial or professional secrecy , may not be disclosed to any third party, unless it is a in this for the benefit of professional secrecy, provided for in the disclosure of the information, consent, or unless otherwise provided for by law. Customer information covered by professional secrecy may not be allowing the Association general meeting and the meeting of the shareholders, with the exception of the Association participating in Conference audio catalog.
In addition to the Act on the openness of government activities (621/1999), the Ministry of Social Affairs and health has the right to disclose information of the kind covered by the insurance Secrets: 1) in order to prevent the crime, and the prosecution and esitutkintaviranomaiselle.
2) the supervising office of the Financial control and to the rest of the financial markets authority of Finland;
3) the rest of the EEA-State insurance or financial activity or financial markets authority;
4) Insurance Association's auditor;
5) or other EEA authority, whose task is to participate in the insurance company's liquidation or bankruptcy proceedings or any other similar procedure;
6) or the rest of the EEA-State authority, which is responsible for overseeing the company's liquidation or bankruptcy proceedings or other similar procedures for the control of the bodies involved in the
7 in the EEA State) or any other authority, which is responsible for the insurance companies, credit institutions, investment firms or other financial institutions overseeing the persons charged with carrying out statutory audits of the accounts;
8 in the EEA State to independent insurance mathematicians), which carries out the supervision of insurance undertakings and the supervision of the institution responsible for the insurance matemaatikoiden;
9 the authority of the EEA State or) body, which is of the law, is in charge of the company for the detection and investigation of breaches of law;
10) or the rest of the EEA State to the Central Bank and Monetary Authority, enabling the rest of the body, as well as a similar function to the rest of the authorities responsible for overseeing payment and settlement systems;
11) of a State which is not a 3 to 8 of the EEA States to the authority or body referred to in paragraph the purpose of performing the supervisory task, if the information to be provided in the State concerned are covered by the obligation of professional secrecy referred to in subparagraph (1).
The Ministry of Social Affairs and health has the right to disclose information that is necessary for each in order to carry out the tasks of the authority referred to in subparagraph 2.
Notwithstanding the provisions of subparagraph (1), the Insurance Association has the right to dispose of information of the kind covered by the obligation of professional secrecy: 1) to the other insurance institution for reinsurance;
2 the insurance undertaking or the Association of the service), which is run by the mandate given by the Insurance Association on the basis of a mandate;
3) insurance of the Association in the same group or the same economic compensation for the management of the consortium of insurance institution, insurance contract and for the conduct of the business of insurance are necessary for the performance of other tasks; What is mentioned above in this paragraph do not apply to the transmission of data subject, the personal data Act (523/1999) 11 transfer of sensitive data referred to in article;
4) of the Board of the insurance industry or in the service of the institution responsible, as a member of the subject-matter of the dispute or for the management of there;
5) to another insurance or accident insurance Association takautumisoikeuden and the other insurance institution in order to determine what is the responsibility of the various insurance companies for the same contingency;
6) of the Insurance Association of offences, as well as the damages caused to other insurance institutions insurance institutions in the interests of combating crime prevention an important, if the Board has adopted this privacy policy to the personal data Act, section 43 of the authorisation referred to in paragraph 3;
7) with the permission of the Ministry of Social Affairs and health for the purposes of historical or scientific research or statistical purposes, if it is obvious, that the disclosure of the violation of the protection of the interests of secrecy is provided; authorisation may be granted for a specified period and shall be accompanied by the necessary provisions for the protection of the public and private interest; the authorisation may be withdrawn, when it will be considered to be reasons for this;
8) in order to prevent the crime, and the prosecution and to establish the esitutkintaviranomaiselle, as well as to the authorities referred to in subparagraph (1) or to the institutions; health information can be obtained, however, only the public prosecutor-and esitutkintaviranomaiselle of the insurance or pension institution, in order to prevent the prosecution of the crime of fraud and for monitoring its implementation; as well as 9) credit agents to the controller; However, the only information that can be disclosed to credit your operator shall not deposit a credit record or otherwise deal with the credit information.
In addition to the 4 provides insurance Association may disclose customer allowances held in marketing and customer service for the management of the customer relationship, and other necessary information to an undertaking, which is in a coalition with the same economic Insurance Association. What is mentioned above in this paragraph do not apply to the transmission of data subject, the personal data Act, any sensitive data referred to in article 11.

The provisions of paragraph 4 of article 4 of the Insurance Association, the right to disclosure under paragraph 4, shall also apply to the insurance industry, the Board referred to in paragraph 4, or to the right to release information to the institution.
Insurance in the circumstances referred to in paragraph 4, the Association may disclose only information that is needed in order to carry out the tasks in question.


10 (a) in the section (30.6.2000/638) the penalty provided for in paragraph 1 of article 10 of the perpetration of violations of the Penal Code (39/1889) 38 Chapter 1 or 2, according to the article, if the Act is not punishable under the Penal Code, chapter 40, section 5 of the Act provide for the rest of the, or in the absence of a more severe penalty.


section 11 (on 31 March 2000/340), section 11, is repealed on 31 March 2000/340 L:lla.


section 11 (a) (December 29, 2009/1231), section 11 (a) has been revoked by the Board of L:lla/1231.


More detailed provisions on the implementation of article 12 of this law, shall be established by regulation.

2 article has been repealed by the L:lla/1231.



section 13 (December 29, 2009/1231) section 13 has been revoked by the Board of L:lla/1231.


section 14 (30 November 2012/704) apply to insurance Consumers should not use sex for the calculation of premiums or insurance claims for benefits and to make gender-based differences in premiums or benefits.
Other than the consumer insurance can be extended to the use of sex as a factor in the calculation of payments or benefits, and the relative differences in premiums based on sex or benefits are allowed only if the use of sex as a factor on the basis of the actuarial and statistical data in the assessment of risk.
Risk assessment can be based on the position of the Insurance Association for their own insurance, insurance companies or insurance associations, insurance stocks to boost joint statistical material in or appended to the General risk of reliable statistics. Risk assessment can be based on the insurance of the Association on their own insurance position only if the insurance stock is wide enough for a reliable risk assessment. The risk assessment is to occur, the way in which gender affects the risk of vakuutettavaan and what is the relative difference between the sexes in vakuutettavassa at risk.


Article 15-15-16 section 16 is repealed L:lla 30 November 2012/704.

Chapter 17, section 1, the date of entry into force and transitional provisions this law, hereinafter referred to as the new law, shall enter into force on 1 January 1988. The new law is repealed, mutual insurance associations law of 2 June 1933 (185/33), hereinafter referred to as the old law, subsequent changes.
Insurance associations, which is registered in the commercial register prior to the entry into force of the new law, a new law that will apply after the date, subject to the provisions of this chapter.


§ 2 If, prior to the entry into force of the new law, the order of the registered association, the Association of insurance is included in the provisions of the new law, instead of the provisions of the new law is to be observed.
If, before the entry into force of the new law, the order of the registered association, the Association of insurance is under the new law, the provisions of the new law contains inadequate or, without delay, to the meeting of the Board of the Association is the Association of the order of the task of the new law is in line with the proposal amending the Association. Association of the order of the changes is within two years of the entry into force of the new law, apply to the Ministry of Social Affairs and health for the purposes of the registration of the verification and shall inform the Ministry of giving, within three months of the decision.
If the Insurance Association, which has not fulfilled what is provided for in the above paragraph 2, is made in the registry, the registry may set a time-limit within which the Association must make the changes required by the new law, Association of the order, and shall inform them for the purposes of the registration of the first mentioned the case to lapse.


section 3 of the Insurance after the adoption of the new law, the Association may 2 without prejudice to the provisions of section to make a decision to comply with the new law, amending the order of the society. The decision shall be taken in accordance with the laws of the old order. The decision may be announced, even before the entry into force of the new law, the mark applied for and registered with the Association of the order of the date of entry into force of the new law for the change to take effect.


Prior to the entry into force of the new law, section 4 of the Insurance Association's core capital will be registered within two years of the entry into force of the law be at least 125 000 marks.
The insurance referred to in subparagraph (1) above, the Association must, within five years of the entry into force of the law meets the conditions laid down in section 5 of Chapter 2 of the capital requirements.
The authorized capital stock shall not be an association meeting, the decision to reduce the quantities referred to in paragraph 2. After the adoption of the new law, you may not register a new insurance Association, the authorized capital stock is in Chapter 2, section 5 of the minimum rates referred to in subsection (1) or (2).


section 5 of the Insurance Association or the Association's merger with another association is to be dealt with and resolved, as well as inform the public of the mark according to the old law, if a challenge or judicial authorization is applied for before the entry into force of the new law.
The transfer case is to be dealt with and resolved according to the old law, if the consent of the Ministry of Social Affairs and health is retrieved before the entry into force of the new law.


Prior to the entry into force of the new law, section 6 of the Government or the composition of the Management Board shall bring into force the new law within two years of the entry into force of the law.
Before the entry into force of the new law, Government or member of the Supervisory Board, the Managing Director, auditor or liquidator may, despite the fact that he should act in that role under the new law, to remain in Office until the new election of the delivery, but not later than the entry into force of the new law, for a period of two years. The foregoing applies, mutatis mutandis, toiminimenkirjoittajaa, which is named after the entry into force of the new law.


under the Old law on article 7 of the call, the Association general meeting shall be legal tender if it has been issued in accordance with the provisions of the law.


Prior to the entry into force of the new law, article 8 of the Association Agreement for resolution of the settlements or other requirement, which has been initiated before the entry into force of the new law, is to be dealt with according to the law, and resolve to the end of the old.


under section 9 of the financial statements, which shall be drawn up prior to the entry into force of the new law, for the fiscal year, will be applied to the previous legislation.


section 10 If the entry into force of the new law, the Insurance Association before has given loans to, or guarantees more than 11 in Chapter 7 and section 10 permits, the number of these loans and the collateral is to be brought into line with the new law, no later than the entry into force of the new law, within ten years.

The change of the date of entry into force and application of legal acts: law of 5.4.1991/634: this shall enter into force on 1 May 1991.
THEY 303/90, tvk. Mrs. 16/90, svk. Mrs. 303/90 11.6.1993/483:1. This law shall enter into force at the time of the decreed. Insurance associations, which is registered in the commercial register prior to the entry into force of this law, shall apply to the period after this law is subject to the provisions below.
2. If, before the entry into force of this law the order of the registered association, the Association of insurance is included in the provisions of this law, the provisions of the law, rather than comply with the terms of this.
3. If, before the entry into force of this law the Insurance Association of the order of the registered association is according to this law, the provisions of this law or, without delay, to the meeting of the Board of the Association, the Association has made a proposal for amending the law to conform to the order of the society. Association of the order without delay and at the latest by the changes is within two years of the entry into force of this Act apply to the Ministry of Social Affairs and health for the purposes of the registration of the verification and shall inform the Ministry of giving, within three months of the decision. The Ministry shall have the right, for a special reason, extend the time limits referred to in this paragraph for no more than six months.
4. Before the entry into force of this Act, the registered insurance Association shall comply with Chapter 2, section 5 of the Act and the conditions set out in (a) section 10 of the capital and solvency requirements within two years of the date of the entry into force of the law.
5. after the entry into force of this Act, the members of the Board and the Executive Director in the selection have to comply with this law.
6. Before the entry into force of this law, selected a large insurance policy the Association's auditor may, despite the fact that he should act in the role of this law, to remain in Office until 1 January 1997.
7. the Association shall comply with the provisions of this law, the law of the beginning of the calendar year following the date of entry into force.
THEY 341/92, 12/93, of the EEA TaVM annex IX to the agreement: Council Directive (73/239/EEC) on 28 June 1994/546: this law shall enter into force on 1 July 1995.
THEY'RE 17/114/93, 24 March 1995/451 TaVM 93:1. This law shall enter into force on 1 April 1995.
2. The insurance associations, which is registered in the commercial register prior to the entry into force of this law, shall be applied after the date mentioned in this law.
3. Insurance for the Association, which is running at the time of entry into force of this Act, is registered in accordance with the legal order of the carrying on of the Association.

4. the provisions of this law, Chapter 10, 1, 4, 7 and the provisions of article 8 shall apply for the first time for the financial period ending 31 December 1995, the accounting records kept at the.
THEY 357/94, TaVM 59/94, Council Directive 92/49/EEC; OJ No l L 288, 11.8.1992, p. 1, Council Directive 91/674/EEC; OJ No l L 374, 31.12.1991, p. 7 on 21/1015: this law shall enter into force on 1 September 1995.
THEY LaVM 42/95, 2/95 of 12 December 1996/1023: this law shall enter into force on 1 January 1997.
THEY 196/22/1996, 1996, TaVM EV 191/1996, by order of 30/3: this law shall enter into force on 1 October 1998.
THEY 243/1997, TaVM 2/1998, EV 19/1998 24.7.1998/581: this law shall enter into force on 1 January 1999.
THEY'RE 6/1997, THEY LaVM 3/117/1997, 1998, SuVM 2/1998, 30 December 1998/1207 60 EV/1998:1. This law shall enter into force on 1 January 1999. This Act, Chapter 2, section 5 (1) of the total minimum amount of own funds and (2) of the rule of law had been submitted after the entry into force of the Association of the order of the application for the fixing.
2. the nominal value of the share of the Insurance Association of original own funds and may 2 in Chapter 5, section 1-Notwithstanding the provisions of paragraph 3, be denominated in Deutsche mark, if the Association has been signed before the entry into force of this law, or before 1 January 2002. The minimum amount of own funds and the rest of the amount indicated in this Act in euro shall be converted into Finnish in Deutsche marks by the Council of the European Union, to the Treaty establishing the European Community, on the basis of the final paragraph of article 109 1 according to the current exchange rate.
3. If the Association prior to 1 January 2002, to change the order of the authorized capital stock and the face value of the provisions of the Association in such a way that the nominal value of the authorized capital stock and is expressed in euro, the creation of a valid decision is subject to the condition that it is supported by more than half of the votes cast, or, if the sounds are gone, that the President-in-Office has endorsed the decision. If the Association shall decide at the same time, increase or decrease of the nominal value of the share of the authorized capital stock, or to give up the guarantee of Chapter 7 of the 15, in accordance with paragraph 4 of the article, the majority of these decisions, however, what the required.
4. If the Association shall decide on the nominal value of the share of the euro at the conversion of original own funds and in the context of the guarantee, or after changing the order of the Association in such a way that a nominal value increased or reduced to the nearest higher up or below the number, or one of the one-tenth or one fourth of this range, the decision does not apply to section 17, Chapter 7 provides the majority required to change the order of the society. The decision shall apply, mutatis mutandis, to section 17 of Chapter 7: the second sentence of paragraph 4 of the impact of the nominal value of the share of the abandonment of the right of the owner of the guarantee. The Association may transfer all or part of the reduction in the number of premium account. The change shall be notified for registration no later than 31 August 2004.
5. If the Association is before the entry into force of this law, chapter 17, paragraph 3, or 7, decided to section of the Association of the order of the change referred to in paragraph 4 of the decision is valid if it is made in accordance with this law. Association meeting may, prior to the entry into force of this law authorizes the Board to directors to decide to change the order of the Association as provided for in paragraph 3. The Board may decide, on the basis of a mandate only a guarantee for the cancellation of the shares, with the number of alennettavaa will not be transferred to the retained. The authorization decision majority decision, paragraph 4, shall apply to the required majority. In addition to the reduction of the mandate that a decision is subject to Chapter 5, as the case may be, provides for the reduction of the guarantee capital. The authorization is valid for a period not exceeding one year, the Association decision. The authorization shall be notified of the decision for registration without delay after the adoption of the law.
6. In paragraph 3, and article 17(2) of Chapter 7 (4) of the order of registration of the amendment can be referred to the Association before the entry into force of this law in such a way that upon the entry into force of this Act, the registration shall take effect. Association of the order referred to in paragraph 3 above, the change will be registered on behalf of the public authorities in such a way that the registration authority to change the order of the authorized capital stock of the Association the Association and, subject to the guarantee of the nominal value of the share of Chapter 7 have given up 17 within the meaning of section (4) of the nominal value of the share, in accordance with paragraph 7 of the warranty.
7. If the Association decides to change the nominal value of the share of the euro at the original own funds and before 1 January 2002 and the decision of the original own funds of the Association shall be deemed otherwise, change of the euro at the Council of the European Union and the Treaty establishing the European Community, in accordance with article 109 1 final in accordance with the exchange rate, rounded up to the nearest cent, and the nominal value of the share is calculated by dividing the dollar amount of the guarantee capital guarantee, by the number of shares. The face value of the thus obtained will not be rounded, but it can be used to announce the registration of the Association and other legal instruments with an accuracy of one-cent, without prejudice to the right holder, or any other warranty. In the registry, the Association and other legal documents must indicate that it is not the exact value, the accounting par value. The above shall also apply to the use of the Association at the euro on 1 January 2002.
THEY are 233/1998 31/1998, TaVM EV 204/1998 brought an action/81: this law shall enter into force on 1 April 1999.
They are issued by the authorization, the provisions of the relevant Ministry, instructions, and other decisions on insurance supervision and inspection, the administration of which, in accordance with article 13 of Chapter 16 of the move to the insurance supervision agency, will continue to be in force until the insurance supervisory agency decides otherwise.
The Insurance Association, upon the entry into force of this law, the action of the inspection ends. The functions of the Insurance Association of audit as well as the assets and liabilities are transferred at the same time.
Notwithstanding the provisions of the accounting Act (1336/1997), Chapter 9, section 2, the book of the law shall apply for the first time in the accounts for the financial year of the Insurance Association, which will begin on 1 January 2000.
The Insurance Association may, however, apply the provisions referred to in paragraph 4 of the financial year in which this law enters into force, or start.
THEY'RE 163/1998, TaVM 29/1998, EV 202/1998 on 31 March 2000/340: entry into force 1. This law shall enter into force on 1 May 2000.
General transitional provisions 2. Association of the order of the order that is included in the compliance with this law in place of the provisions of this Act, unless one of these transitional provisions. If the Association method is according to this law, the provisions of this law or, to the meeting of the Board of the Association shall be made for the amendment of the Law Association of the order of the Association in line with the proposal. Association of the order of the changes is the entry into force of the law to apply for two years after the insurance confirmation. The Association for the purposes of the registration of the order shall within three months of the Agency's grant confirmation. The Agency may impose a penalty payment on the Insurance Association in the fulfilment of the obligation referred to in effect.
3. after the entry into force of this Act for registration as stated in this law against the order of the Association cannot be registered, unless otherwise provided in these transitional provisions.
4. after the adoption of this law, the insurance, the Association may but before its entry into force, decide to amend the provisions of this law into line with the order of the society of the law in accordance with the provisions in force at the time of entry into force. The decision may be announced before the entry into force of the law and to register the mark applied for in such a way that the Association of the order of the amendment shall enter into force on the same day as this law.
5. Insurance of the Association at the time of entry into force of this law shall apply to the borrowing provisions, if credit is taken prior to the entry into force of the law and not the conditions associated with altered after the entry into force of the law.
The Insurance Association on the creation of a transitional provision 6. To register the establishment of the Association of insurance and shall apply to the provisions in force at the date of entry into force of this Act, if the Treaty is signed before the entry into force of the law and not subject to the provisions of the transitional provisions.
The transitional provision of the guarantee share of 7. The Insurance Association's registration number must be entered in the minutes of the guarantee percentage, which will be presented to the Association or that the Association disclosed after the entry into force of the law.
An increase in the equity capital of the transitional provision 8. If the increase in the equity capital has been decided before the entry into force of this law, at the time of entry into force of the law shall apply to the registration of equity capital correspond to article 7 of Chapter 4. The Association fully paid capital guarantee must, however, indicate the mark applied for within one year of the entry into force of the law.
Transitional provisions relating to the guarantee of its own shares 9. The Association may (5) (a) pursuant to article 3 of chapter to acquire fully paid shares of the only guarantee.

10. at the time of entry into force of this law in breach of the provisions in force before the entry into force of the laws of the Association come to guarantee portion shall be handed over within six months of the entry into force of the law.
The Association of the transitional provisions 11. Before the entry into force of this law, the decision on the registration of the Association meeting at the time of entry into force of the law and its provisions shall apply, subject to the transitional provisions of these.
12. If the call to the Association general meeting have been submitted before the date of the entry into force of this law, at the time of entry into force of this law shall apply to the call. If, prior to the entry into force of the law in accordance with the provisions in force of the documents shall be kept for inspection by the shareholders, the documents and the date of entry into force of the law shall apply to the inspection of the provisions in force.
13. If, within two years of the entry into force of this law shall be the Association to unite the guarantee order classes in such a way that the entire warranty rights will be reduced, the proportion of species, Chapter 7, section 17 of the decision in accordance with paragraph 1, in addition to requiring the consent of the holders of the guarantee, which is a guarantee of at least one-third of the shares in tämänlajisista, and their warranty holders support, with at least two-thirds of the meeting edustetuista tämänlajisista warranty.
Transitional provisions relating to the financial statements 14. The provisions of this law shall apply to the annual accounts of Insurance Association in the financial statements and the consolidated financial statements for the first time for the financial year, which shall begin on 1 January 2000. The Insurance Association may, however, apply those provisions for the financial year in which this Act comes into force.
15. The financial statements shall be registered under section 10(3) of the Act, in the manner provided for in Chapter 11, for the first time in the fiscal year that is running upon the entry into force of the law.
Profit-sharing and other funds of the Association for the use of transitional provision 16. At the time of entry into force of this law, in force in accordance with article 7 of Chapter 11 on the quote does not apply to the provisions of Chapter 11, section 9, if the loan terms will not be changed after the entry into force of the law.
The merger of the transitional provision 17. Of the merging companies shall, upon the entry into force of this law, the provisions in force, if the draft terms of merger agreement has been approved in one of the merging companies, participating in the Association before the entry into force of the law.
The transfer of the transitional provision 18. Insurance database at the time of entry into force of this law shall apply to the transfer provisions of the agreement, if the transfer is approved by a donor or host to the entry into force of the Association before the law.
The Association of letters and forms a transitional provision 19. Chapter 16 of this law, the provisions of article 13 of the Association of letters and forms shall apply one year after the entry into force of the law.
THEY'RE 193/1999, TaVM 2/26/2000 of 30.6.2000, EV 2000/638: this law shall enter into force on 1 August 2000.
THEY 34/2000, TaVM 14/2000 of 17 November 2000/77/2000, EV 9: this law shall enter into force on 1 December 2000. Chapter 10, section 4 (a) and 12 (a) of Chapter 4 and section 8, however, enter into force on 1 January 2001.
Chapter 12 (a) of this law, sections 5 & 6 for the first time, the adjusted solvency calculation shall be drawn up in the context of the financial statements for the financial period, which is running on 1 January 2001 or beginning in that calendar year.
THEY'RE 32/2000, THEY'RE 63/2000, 22/2000, TaVM EV 128/2000 of the European Parliament and of the Council Directive 98/78/EC (31998L0078); OJ No l L 330, 5.12.1998, p. 1, Council Directive 92/49/EEC (31992L0049); OJ No l L 228, 11.8.1992, p. 1, Council Directive 92/96/EEC (31992L0096); OJ No l L 360, 9.12.1992, p. 1 stations/365: this law shall enter into force on 15 May 2001.
THEY'RE 206/2000, TaVM 4/2001, EV 31/2001 28 December 2001/1525: this law shall enter into force on 1 January 2002.
THEY are 184/2001 22/2001, EV, TaVM 218/2001, 25 January 2002/52: this law shall enter into force on 1 February 2002.
THEY'RE 165/2001 19/2001, EV, TaVM 215/2001 text/487: this law shall enter into force on 1 August 2003.
This chapter 1, the obligation laid down in article 8 must be completed no later than the entry into force of this law, within three years.
THEY'RE 200/2002, PuVM 2/2002, of 30 April 2004/333 267/2002 EV: this law shall enter into force on the 15th day of May 2004.
This law shall apply to liquidation, for which the decision is made or the order issued after the entry into force of the law, and bankruptcy, for which the application is filed with the Court after the entry into force of the law.
THEY 149/2003 TaVM 3/2004, EV 18/2004 of the European Parliament and of the Council Directive 2001/17/EC (32001L0017); OJ No l L 110, 20.4.2001, p. 28, the European Parliament and Council Directive 2000/64/EC (32000L0064); OJ No l L 290, 17.11.2000, p. 27 19 May 2004/417: this law shall enter into force on 1 June 2004. This law shall apply for the first time on 1 January 2004 or thereafter, to the supervision of accounts for financial years beginning.
This Act repeals the Insurance Association's activities in the capital in support of the Decree of 12 March 1999, the lots (314/1999) to the later amended.
If the Association, upon the entry into force of this Act, Chapter 1, section 1 of the force: the is a small Insurance Association, by way of derogation from the provisions of this law on the application of the Association as referred to in chapter a, 10, and with the consent of and under the conditions laid down by the insurance supervisory agency, the Association's activities is not subject to the requirements of capital, and the Association may in respect of equity at the date of entry into force of this Act, Chapter 2, section 5 of the force's provision of 19 March 2007. After that, at the request of the Association Agreement and under the conditions laid down by the insurance supervisory agency, the Association's activities is not subject to the requirements of capital, and the Association may in respect of equity at the date of entry into force of this Act, Chapter 2, section 5 of the force of rule 19 March 2009 at the latest, provided that the Association has submitted a 12-Chapter 6 (b) of the plan of the activities for which the association intends to take action in order to bring this into line with the laws of the capital.
If the Association, upon the entry into force of this law, the existence of the article 1 of Chapter 1 of the laws of the large insurance Association, by way of derogation from the provisions of this law on the application of the Association as referred to in chapter a, 10, and with the consent of and under the conditions laid down by the insurance supervisory agency, the Association may, upon the entry into force of this law in force at the 10 (a) of Chapter 2 – the provisions of section 4 of the 19 March 2007. After that, at the request of the Association Agreement and under the conditions laid down by the insurance supervisory agency, the Association may, upon the entry into force of this law in force at the 10 (a) of Chapter 2 – the provisions of section 4 of the 19 March 2009 at the latest, provided that the Association has submitted a 12-Chapter 6 (b) of the plan of the activities for which the association intends to take in order to bring the situation into conformity with this Act.
On the application of the Insurance Association and the insurance supervisory agency, with the agreement and under the conditions to be determined by the insurance company Act, Chapter 11 of the restrictions listed in section 4 is used, the minimum number of operating capital, rather than the insurance company law as defined in article 1 of Chapter 11 of the action capital of the 19 March 2007. After that, at the request of the Insurance Association of insurance with the approval of the Office, and under the conditions imposed by the insurance company Act, Chapter 11 of the restrictions listed in section 4 is used, the minimum number of operating capital, rather than the insurance company law as defined in article 1 of Chapter 11 of the action until March 19, 2009, the capital, provided that the Association has submitted a 12-Chapter 6 (b) of the plan of the activities for which the association intends to take in order to bring the situation into conformity with this Act.
The great insurance at the request of the Association, with the agreement of the insurance supervisory agency and non-compliance with the regulations of the Association may be 10 (a) in Chapter 1, the requirement referred to in article 19 March 2007. After that, at the request of the Association, with the agreement of the insurance supervisory agency and non-compliance with the regulations of the Association may be 10 (a) in Chapter 1, the requirement referred to in article 19 March 2009 at the latest, provided that the Association has submitted a 12-Chapter 6 (b) of the plan of the activities for which the association intends to take in order to bring the situation into conformity with this Act.
THEY 161/2003, TaVM 6/2004, EV 36/2004 of the European Parliament and of the Council Directive 2002/83/EC (32002L0083); OJ No l L 345, 19.12.2002, p. 1, directive of the European Parliament and of the Council 2002/14/EC (32002L0013); OJ No l L 077, 20.3.2002, p. 17 noon/7: this law shall enter into force on 5 August 2004.
THEY 69/2004 12/2004, EV, TaVM 103/2004 of the European Parliament and of the Council Directive 2002/87/EC (32002L0087); OJ No l L 035, 11.2.2003, p. 1-27 30.12.2004/1320: this law shall enter into force on 31 December 2004.

This law shall apply for the first time in the accounts for the financial year of the Insurance Association, which will begin on 1 January 2005 or beyond. The Insurance Association may use this law in the financial year in which, after the entry into force of the law.
Chapter 7 of the accounting Act, (a) in article 1, in accordance with the international accounting standards referred to in the consolidated financial statements will be drawn up on 1 January 2005 for financial statements covering periods beginning on or after.
Chapter 5 (c) of section 10(3) of the Act of 6 – 8 torque can be applied as from 1 January 2005. Increases in the sales, which have been made before the entry into force of this law, will be applied to those provisions which were in force on the entry into force of this law.
Deferred expenditure and research, which will be deleted at the date of entry into force of this law, in accordance with the provisions of the accounting Act, in force at the time, the effect will be to take 11 of article 2 of Chapter 1 of the torque for the purposes of jakokelvottomina.
THEY'RE 224/2004 31/2004, EV, TaVM 230/2004 of the European Parliament and of the Council Regulation (EC) No 1782/2003 1606/2002; OJ No l L 243, p. 1, further to the European Parliament and of the Council Directive 2001/65/EC; OJ No l L 283, 27.10.2001, p. 28, the European Parliament and Council Directive 2003/49/EC; OJ No l L 178, on 17 July 2003, born 3 June 2005/381 16: this law shall enter into force on 1 July 2005.
THEY TaVM 7/19/2005, 2005, EV 46/2005 on 2 September 2005/719: this law shall enter into force on 1 October 2005.
On appeal before the entry into force of this law shall apply to the administrative authority on the date of entry into force of this law, the provisions in force.
THEY'RE 112/2004, 5/2005, HaVM 13/2005, EV 91/2005 of 9 February 2007/137: this law shall enter into force on 15 February 2007.
THEY'RE 21, 25/06/2006 TaVM, EV 252/2006 13 April 2007/470: this law shall enter into force on 1 July 2007.
THEY are 195/2006 TaVM 33/2006, EV 293/2006 of the European Parliament and of the Council Directive 2006/43/EC (32006L0043); OJ No l L 157, 9.6.2006, p. 87 5 October 2007/871: this law shall enter into force on 15 October 2007.
This law shall apply to insurance contracts concluded on 22 December 2007.
THEY'RE 21/2007, 2/2007, TyVM EV 26/2007 adopting, pursuant to Council Directive 2004/113/EC (32004L0113); OJ No l L 373, 21.12.2004, p. 37, 19 December 2008/896: this law shall enter into force on 1 January 2009.
THEY'RE 66/2008 20/2008, EV, TaVM 109/2008 December 29, 2009/12: this law shall enter into force on the 30 December 2009.
The Insurance Association Association instead of the order against this law contained in the order in compliance with this law. If the Association method does not match the requirements of the law, the Government is to submit a proposal for the insurance of the Association the Association to amend the law to conform to the order. Association of the order of the changes shall apply for the confirmation of the financial supervisory authority, not later than three years after the entry into force of the law. Financial supervisory authority may impose a penalty payment of this obligation was the purpose of the Association. Association of the order of the changes shall be notified for registration within three months of the decision by the financial supervisory authority.
In the case of insurance of the Association the Association is before the entry into force of this law, taken in accordance with the provisions on the guarantee of the presumption to apply, what provides the Association.
If the Association decision is made before the entry into force of the law, to a closed and registrations, as well as other related legislation shall apply to the proceedings of the law in force at the time of entry into force. If the decision is made after the entry into force of the laws of association meeting, meeting invitation, meeting documents, as well as the participation of the meeting in order to register, and shall be governed by the laws of, even before its entry into force.
Notwithstanding the provisions of Chapter 1, section 2 (1) of the Act provides, prior to the entry into force of this law the owner of the proportion of the subscribed warranty is a partner of the Association of insurance only if the Association so provide.
Notwithstanding the provisions of section 3 of Chapter 1 (1) of the Act provides, the owner of the Insurance Association, the share of the shareholders of the guarantee are responsible for the obligations of the Insurance Association, which arose before the entry into force of the law.
If the Association has been notified of the order of the order of the Board for registration prior to the entry into force of the law, the Management Board shall have a period of three years from the entry into force of the law the right to elect members of the Board of Directors, unless the Association prescribe otherwise.
The premium account is referred to in Chapter 10, section 6 of the committed capital.
The chapter 10 of the own capital, accounts, financial statements and annual report for the financial year at the latest, the provisions on applicable so far, which begins with the words of this law enters into force.
Of the merging companies shall apply the law of the law in force at the time of entry into force, if the draft terms of merger for registration to be notified before the entry into force of the law. At the time of entry into force of the laws of the insurance position of the transmission by the law in force, if the transfer plan is retrieved the consent of the financial supervision. Otherwise, the position of the transmission of the merging companies and insurance at the time of entry into force of the law, the law in force.
Before the entry into force of the laws on the nullity of the decision on complaint handling and resolution of legal action or other requirement shall apply to the law in force at the time of entry into force of the law.
Compensation, based on the entry into force of the Act or which took place prior to the infringement of the law, the law in force at the time of entry into force of the law shall apply.
THEY 181/2009 26/2009, EV, TaVM 237/2009 30 November 2012/704: this law shall enter into force on 21 December 2012.
Chapter 16, section 14 of the Act shall not apply to the insurance, of which the contract is concluded before 21 December 2012.
Life insurance, the insurance contract Act (561/1994) as provided for in subparagraph (1) of section 16 of the way continues a period of insurance at a time, and can therefore, by reason of section 14 of the Act Chapter 16: on the date of entry into force of this Act apply instead of in force the insurance associations Act, Chapter 16, article 14, on 1 July 2013 to begin on the date referred to in the next insurance period or until the beginning of the first. Any other person-life insurance, the insurance payment or other conditions can be an insurance contract law 20 (a) in the manner provided for in subparagraph (1) of section change, and can therefore, by reason of section 14 of the Act Chapter 16: on the date of entry into force of this Act apply instead of in force the insurance associations Act, Chapter 16, article 14, on 1 July 2013 to begin or the date referred to in the following as the first insurance premium until the beginning of the period or, if there is no agreement on the insurance payment period, until the beginning of 2014.
THEY'RE 55/12/2012, 2012, TaVM EV 116/2012 7.3.2014/190: this law shall enter into force on 15 March 2014.
THEY TaVM 38/94/13, 2013, PeVL 43/2013, EV 4/2014, the directive of the European Parliament and of the Council of 2011/61/EC; (32011L0061); OJ L 174, 20.3.2015, p. 1/306 after July 1: this law shall enter into force on the 1 January 2016.
THEY 344/30/2014, 2014, TaVM EV 304/2014, the European Parliament and of the Council directive 2009/138/EC (32009L0138); OJ No l L 335, on 17 December 2009, p. 1, directive of the European Parliament and of the Council in 2011/89/EC (32011L0089); OJ No l L 326, on December 8, 2011, p. 113, directive of the European Parliament and of the Council on 2014/51/EU (32014L0051); OJ No l L 153, 22.5.2014, p. 1.




18.9.2015/1202: this law shall enter into force on the 1 January 2016.
THEY TaVM 34/254/2014, 2014, EV 371/2014