Insurance Companies Act 1980
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Change 1
SCHEDULE 2
Part I Regulations Extended The Assurance Companies Rules 1950 (S.I. 1950/533). The Insurance Companies (Contents of Advertisements) Regulations 1974 (S.I. 1974/901). The Insurance Companies (Contents of Advertisements) (Amendment) Regulations 1974 (S.I. 1974/1052). The Insurance Companies (Linked Properties and Indices) Regulations 1975 (S.I. 1975/929). The Insurance Companies (Valuation of Assets) Regulations 1976 (S.I. 1976/87). The Insurance Companies (Intermediaries) Regulations 1976 (S.I. 1976/521). The Insurance Companies (Valuation of Assets) (Amendment) Regulations 1976 (S.I. 1976/2039). The Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 (S.I. 1978/722). The Insurance Companies (Notice of Long-Term Policy) Regulations 1978 (S.I. 1978/1304). The Insurance Companies (Valuation of Assets) (Amendment) Regulations 1980 (S.I. 1980/5). Part II Modifications of Regulations Extended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1—7. The Insurance Companies (Contents of Advertisements) Regulation 1974 8 In regulation 2 of the Insurance Companies (Contents of Advertisements) Regulation 1974 for the words from “Great Britain” onwards there shall be substituted the words “the United Kingdom”. 9 In regulation 4(2) of the said Regulations of 1974 at the end there shall be added the words “with the addition, in subsection (9) of that section of a reference to a scheme made under section 25 of the Charities Act (Northern Ireland) 1964 and to an authorised unit trust scheme within the meaning of the Prevention of Fraud (Investment) Act (Northern Ireland) 1940”. 10 In regulation 5 of the said Regulations of 1974 for the words “the Insurance Companies Act 1958” there shall be substituted the words “Part II of the Insurance Companies Act 1974”. The Insurance Companies (Contents of Advertisements) (Amendment) Regulation 1974 11 In regulation 2 of the Insurance Companies (Contents of Advertisements) (Amendment) Regulation 1974 for the words from “Great Britain” onwards there shall be substituted the words “the United Kingdom otherwise than by virtue of an authorisation to do so by or under section 3 of the Insurance Companies Act 1974”. The Insurance Companies (Valuation of Assets) Regulations 1976 12 In regulation 2 of the Insurance Companies (Valuation of Assets) Regulations 1976 — (a) in the definition of “approved financial institution”— (i) in sub-paragraph (c) for the words “Trustee Savings Bank Act 1969” there shall be substituted the words “Trustee Savings Banks Act 1976” ; (ii) in sub-paragraph (d) at the end there shall be added the words “or paragraph 23 of the Sixth Schedule to the Companies Act (Northern Ireland) 1960” ; (b) in the definition of “equity share capital” from the words from “has” to “1948” there shall be substituted the words “, in relation to a company, means its issued share capital excluding any part thereof which, neither as respects dividends nor as respects capital, carries any right to participate beyond a specified amount in a distribution” ; (c) in the definition of “holding company” at the end there shall be added the words “or section 148 of the Companies Act (Northern Ireland) 1960”; (d) in the definition of “quoted”— (i) in sub-paragraph (a) at the end there shall be added the words “or the Companies Act (Northern Ireland) 1960”; (ii) in sub-paragraphs (b) and (c) for the words “Great Britain” there shall be substituted the words “the United Kingdom”. The Insurance Companies (Intermediaries) Regulations 1976 13 In regulation 3 of the Insurance Companies (Intermediaries) Regulations 1976— (a) in paragraph (1)(e) after “1948” there shall be inserted the words “or section 144 of the Companies Act (Northern Ireland) 1960” ; (b) in paragraph (4) after “1948” there shall be inserted the words “or section 148 of the Companies Act (Northern Ireland) 1960”. 14 Regulation 7(1)(f) of the said regulations of 1976 shall be omitted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 The Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 16 In the Schedule to the Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 — (a) in Forms A, B and C for the words “Great Britain” wherever they occur there shall be substituted the words “the United Kingdom” ; (b) in item 12 of Form A and item 12 of Form B after “1948” there shall be inserted the words “or section 148 of the Companies Act (Northern Ireland) 1960” ; (c) in item 8 of Form C after “1948” in the first place where it occurs there shall be inserted “or section 355 of the Companies Act (Northern Ireland) 1960” ; after the words “address(es) of” there shall be inserted the word “any” and after “1948” in the second place where it occurs there shall be inserted the words “or under Part X of the Companies Act (Northern Ireland) Act 1960”.
SCHEDULE 2
Part I Regulations Extended The Assurance Companies Rules 1950 (S.I. 1950/533). The Insurance Companies (Contents of Advertisements) Regulations 1974 (S.I. 1974/901). The Insurance Companies (Contents of Advertisements) (Amendment) Regulations 1974 (S.I. 1974/1052). The Insurance Companies (Linked Properties and Indices) Regulations 1975 (S.I. 1975/929). The Insurance Companies (Valuation of Assets) Regulations 1976 (S.I. 1976/87). The Insurance Companies (Intermediaries) Regulations 1976 (S.I. 1976/521). The Insurance Companies (Valuation of Assets) (Amendment) Regulations 1976 (S.I. 1976/2039). The Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 (S.I. 1978/722). The Insurance Companies (Notice of Long-Term Policy) Regulations 1978 (S.I. 1978/1304). The Insurance Companies (Valuation of Assets) (Amendment) Regulations 1980 (S.I. 1980/5). Part II Modifications of Regulations Extended . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1—7. The Insurance Companies (Contents of Advertisements) Regulation 1974 8 In regulation 2 of the Insurance Companies (Contents of Advertisements) Regulation 1974 for the words from “Great Britain” onwards there shall be substituted the words “the United Kingdom”. 9 In regulation 4(2) of the said Regulations of 1974 at the end there shall be added the words “with the addition, in subsection (9) of that section of a reference to a scheme made under section 25 of the Charities Act (Northern Ireland) 1964 and to an authorised unit trust scheme within the meaning of the Prevention of Fraud (Investment) Act (Northern Ireland) 1940”. 10 In regulation 5 of the said Regulations of 1974 for the words “the Insurance Companies Act 1958” there shall be substituted the words “Part II of the Insurance Companies Act 1974”. The Insurance Companies (Contents of Advertisements) (Amendment) Regulation 1974 11 In regulation 2 of the Insurance Companies (Contents of Advertisements) (Amendment) Regulation 1974 for the words from “Great Britain” onwards there shall be substituted the words “the United Kingdom otherwise than by virtue of an authorisation to do so by or under section 3 of the Insurance Companies Act 1974”. The Insurance Companies (Valuation of Assets) Regulations 1976 12 In regulation 2 of the Insurance Companies (Valuation of Assets) Regulations 1976 — (a) in the definition of “approved financial institution”— (i) in sub-paragraph (c) for the words “Trustee Savings Bank Act 1969” there shall be substituted the words “Trustee Savings Banks Act 1976” ; (ii) in sub-paragraph (d) at the end there shall be added the words “or paragraph 23 of the Sixth Schedule to the Companies Act (Northern Ireland) 1960” ; (b) in the definition of “equity share capital” from the words from “has” to “1948” there shall be substituted the words “, in relation to a company, means its issued share capital excluding any part thereof which, neither as respects dividends nor as respects capital, carries any right to participate beyond a specified amount in a distribution” ; (c) in the definition of “holding company” at the end there shall be added the words “or section 148 of the Companies Act (Northern Ireland) 1960”; (d) in the definition of “quoted”— (i) in sub-paragraph (a) at the end there shall be added the words “or the Companies Act (Northern Ireland) 1960”; (ii) in sub-paragraphs (b) and (c) for the words “Great Britain” there shall be substituted the words “the United Kingdom”. The Insurance Companies (Intermediaries) Regulations 1976 13 In regulation 3 of the Insurance Companies (Intermediaries) Regulations 1976— (a) in paragraph (1)(e) after “1948” there shall be inserted the words “or section 144 of the Companies Act (Northern Ireland) 1960” ; (b) in paragraph (4) after “1948” there shall be inserted the words “or section 148 of the Companies Act (Northern Ireland) 1960”. 14 Regulation 7(1)(f) of the said regulations of 1976 shall be omitted. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 The Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 16 In the Schedule to the Insurance Companies (Changes of Director, Controller or Manager) Regulations 1978 — (a) in Forms A, B and C for the words “Great Britain” wherever they occur there shall be substituted the words “the United Kingdom” ; (b) in item 12 of Form A and item 12 of Form B after “1948” there shall be inserted the words “or section 148 of the Companies Act (Northern Ireland) 1960” ; (c) in item 8 of Form C after “1948” in the first place where it occurs there shall be inserted “or section 355 of the Companies Act (Northern Ireland) 1960” ; after the words “address(es) of” there shall be inserted the word “any” and after “1948” in the second place where it occurs there shall be inserted the words “or under Part X of the Companies Act (Northern Ireland) Act 1960”.
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