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CA-1.2.19

An insurance firm must not amend the terms of the debt and the documents referred to in Subparagraph CA-1.2.17 (i) unless:

(a) At least one month before the amendment is due to take effect, the insurance firm has given the CBB notice in writing of the proposed amendment; and
(b) That notice includes confirmation that the legal opinion referred to in Subparagraph CA-1.2.17 (k) continues in full force and effect in relation to the terms of the debt and the documents as proposed to be so amended.
Amended: January 2007