Policyholders Protection Act 1997 (repealed)
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
18 Miscellaneous.
(1) In section 32 of the 1975 Act, in subsection (1), at the appropriate places in alphabetical order, there shall be inserted— “authorised friendly society” means a society authorised under section 32 of the Friendly Societies Act 1992 to carry on in the United Kingdom insurance business such as is mentioned in section 31 of that Act; “EC company” and “EEA State” have the same meanings as in the Insurance Companies Act 1982; “establishment” has the same meaning as in the Insurance Companies Act 1982; . (2) In that section, after subsection (2C) there shall be inserted— (2D) For the purposes of this Act— (a) a company shall be taken to provide general insurance in the United Kingdom if it covers (otherwise than by reinsurance) a risk situated there through an establishment in another EEA State, and (b) a company shall be taken to provide long term insurance in the United Kingdom if it covers (otherwise than by reinsurance) a commitment situated there through an establishment in another EEA State.
18 Miscellaneous.
(1) In section 32 of the 1975 Act, in subsection (1), at the appropriate places in alphabetical order, there shall be inserted— “authorised friendly society” means a society authorised under section 32 of the Friendly Societies Act 1992 to carry on in the United Kingdom insurance business such as is mentioned in section 31 of that Act; “EC company” and “EEA State” have the same meanings as in the Insurance Companies Act 1982; “establishment” has the same meaning as in the Insurance Companies Act 1982; . (2) In that section, after subsection (2C) there shall be inserted— (2D) For the purposes of this Act— (a) a company shall be taken to provide general insurance in the United Kingdom if it covers (otherwise than by reinsurance) a risk situated there through an establishment in another EEA State, and (b) a company shall be taken to provide long term insurance in the United Kingdom if it covers (otherwise than by reinsurance) a commitment situated there through an establishment in another EEA State.
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