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The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme) Rules Approval Order 1987

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  1. Introductory Text

  2. 1.This Order may be cited as the Insurance Brokers Registration...

  3. 2.The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme)...

  4. 3.The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme)...

  5. Signature

    1. SCHEDULE

      THE INSURANCE BROKERS REGISTRATION COUNCIL (INDEMNITY INSURANCE AND GRANTS SCHEME) RULES 1987

      1. PART I PRELIMINARY

        1. 1.(1) These Rules may be cited as the Insurance Brokers...

        2. 2.(1) In these Rules, unless the context otherwise requires: “the...

      2. PART II PROFESSIONAL INDEMNITY INSURANCE

        1. 3.(1) Practising insurance brokers and enrolled bodies corporate shall, in...

        2. 4.(1) For the purposes of demonstrating to the satisfaction of...

        3. 5.The Council shall have powers, from time to time and...

      3. PART III THE GRANTS SCHEME

        1. 6.There shall be a scheme to be known as “the...

        2. 7.(1) The persons who shall be entitled to apply to...

        3. 8.Subject to the provisions of rule 6 and notwithstanding the...

        4. 9.(1) The Council may from time to time, subject to...

        5. 10.(1) A levy to be imposed by the Council in...

        6. 11.(1) The Council shall not be entitled to levy in...

        7. 12.(1) (i) Enrolled bodies corporate which are related companies for...

        8. 13.(1) On imposing a levy under the provisions of these...

        9. 14.(1) (i) Every applicant shall complete, sign and deliver to...

        10. 15.(1) The Council may invest in securities in which trustees...

        11. 16.The Council shall have power from time to time and...

      4. PART IV MISCELLANEOUS

        1. 17.The Council may effect a policy or policies of insurance...

        2. 18.(1) In the event that a practising insurance broker or...

        3. 19.A practising insurance broker or enrolled body corporate shall be...

      5. APPENDIX

        GRANTS SCHEME

      6. SCHEDULE OF PARTICULARS

        1. 1.The circumstances in which the date or dates upon which...

        2. 2.Full particulars of the money.

        3. 3.The facts relied upon in support of the allegation of...

        4. 4.The circumstances in and date upon which the loss first...

        5. 5.Particulars of any relevant documents which can be produced in...

        6. 6.Whether it is known that any other application is likely...

        7. 7.Whether any civil, criminal or disciplinary proceedings have been or...

        8. 8.The name and address of any solicitor instructed on behalf...

        9. 9.Whether there are any sums due to the insurance broker(s)...

  7. Explanatory Note

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