§ Mr. Teddy Taylor
To ask the Secretary of State for Trade and Industry when the third insurance directive of the EC will come before the Council of Ministers; and whether it is the intention of the EC that this directive will be subject to the Cumul rule.
§ Mr. Redwood
The European Commission sent its proposal for the third non-life insurance directive to the Council of Ministers on 27 July 1990. The proposal for the third life insurance directive will be sent to the Council shortly. The Commission has proposed that the third non-life directive should be adopted by the Council in the course of 1992 and the third life directive by December 1992. Both directives propose the abolition of the ability of member states to restrict Cumul.