Policyholders Protection Act 1975 (repealed)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
3 Authorised insurance companies.
(1) The functions of the Board under this Act shall be exercisable in relation to policyholders and others who have been or may be prejudiced in consequence of the inability of insurance companies to meet their liabilities under policies issued or securities given by them only in cases where the insurance companies in question are authorised insurance companies. (2) An insurance company is an authorised insurance company for the purposes of this Act if it is authorised under section 3 or 4 of the Insurance Companies Act1982. . . (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to carry on insurance business of any class in the United Kingdom
3 Authorised insurance companies.
(1) The functions of the Board under this Act shall be exercisable in relation to policyholders and others who have been or may be prejudiced in consequence of the inability of insurance companies to meet their liabilities under policies issued or securities given by them only in cases where the insurance companies in question are authorised insurance companies. (2) An insurance company is an authorised insurance company for the purposes of this Act if it is authorised under section 3 or 4 of the Insurance Companies Act1982. . . (b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . to carry on insurance business of any class in the United Kingdom
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