Cap. 487 ст. 26Enrolled persons ceasing to carry out insurance and reinsurance distribution activities.

(1) An enrolled person shall not cease to carry out, in or from Malta, insurance distribution activities or reinsurance distribution activities, except with the permission of the competent authority given in writing on an application made to it in that behalf in such manner as it may require, and in compliance with such conditions as it may deem proper to impose.

(2) The application for ceasing shall be submitted to the competent authority not later than three months before the date on which the enrolled person intends cease to carry out such activities.