Section 36.
Textual Amendments
F1Whole Act (except ss. 36(1), 38 and Part II of Schedule 4) repealed by Insurance Companies Act 1982 (c. 50, SIF 67), s. 99(3), Sch. 6
Modifications etc. (not altering text)
C1The text of Schedule 4 Pt. II is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991.
17In section 20(2) of the M1 Insurance Companies Act 1958 for the words “the amount required by section 44 of the Insurance Companies Act 1974” there shall be substituted the words “£50,000”.
Marginal Citations
18In section 111(1) of the M2 Companies Act 1967, after the words “or the Insurance Companies Act 1974” (in both places) there shall be inserted the words “or the Insurance Companies Act 1981”.
Marginal Citations
19In section 1(3)(b) of the M3 Employers’ Liability (Compulsory Insurance) Act 1969 for the words from “Great Britain” to “1974” there shall be substituted the words “the United Kingdom insurance business of a class specified in Schedule 1 or 2 to the Insurance Companies Act 1981”.
Marginal Citations
20
Textual Amendments
21In Article 5(3)(b) of the M4Employer’s Liability (Defective Equipment and Compulsory Insurance) (Northern Ireland) Order 1972 for the words from “Northern Ireland” to “1974” there shall be substituted the words “the United Kingdom insurance business of a class specified in Schedule 1 or 2 to the Insurance Companies Act 1981”.
Marginal Citations
M4 S.I. 1972/963 (N.I. 6.).
22
Textual Amendments
23In section 87(1) of the M5 Solicitors Act 1974—
(a)for the definition of “liability insurance business” there shall be substituted—
““liability insurance business” means insurance business within class 13 in Schedule 2 to the Insurance Companies Act 1981”
and
(b)for the definition of “pecuniary loss insurance business” there shall be substituted—
““pecuniary loss insurance business” means insurance business within class 1, 2, 14, 15, 16 or 17 in Schedule 2 to the Insurance Companies Act 1981”.
Marginal Citations
24In paragraph 11(10A) of Schedule 5 to the Finance Act 1975 for the words from “Part I” to “1974” there shall be substituted “section 3 or 4 of the Insurance Companies Act 1981”.
25(1)M6The Policyholders Protection Act 1975, shall be amended as follows.
(2)In section 3(2) for the words from “permitted” to “1974” there shall be substituted the words “authorised under section 3 or 4 of the Insurance Companies Act 1981”.
(3)In section 8(4), for the words from “not being” to the end there shall be substituted the words “other than class 5, 6, 7, 11 or 12, not being a contract of reinsurance”.
(4)In subsections (1) and (3) of section 28 after the words “Insurance Companies Act 1974” there shall be inserted the words “the Insurance Companies Act 1981”.
(5)In section 29 after the words “Insurance Companies Act 1974” there shall be inserted the words “or the Insurance Companies Act 1981”; and at the end there shall be added the words “or the said Act of 1981”.
Marginal Citations
26In section 29(1) of the M7 Insurance Brokers (Registration) Act 1977—
(a)in the definition of “authorised insurers” for the words “liability insurance business or pecuniary loss insurance business” there shall be substituted the words “insurance business of class 13 or of classes 1, 2, 14, 15, 16 and 17 in Schedule 2 to the Insurance Companies Act 1981”; and
(b)in the definition of “insurance business” for the words from “of any” to “assurance business” there shall be substituted the words “other than industrial assurance business (within the meaning of section 1(2) of the Industrial Assurance Act 1923 or Articles 2(2) and 3(1) of the Industrial Assurance (Northern Ireland) Order 1979).”
Marginal Citations
27
Textual Amendments
28In Article 3(4) of the M8 Industrial Assurance (Northern Ireland) Order 1979—
(a)for the words “Act 1974 and in particular to section 2(2) of that Act” there shall be substituted the words “Acts 1974 and 1981 and in particular to sections 2(3) and 3(2) of that Act of 1981”;
(b)for the words “section 3 of that Act” there shall be substituted the words “section 3 of that Act of 1981”.
Marginal Citations
M8 S.I. 1981/154 (N.I. 1.).
29In Article 101(1) of the M9 Road Traffic (Northern Ireland) Order 1981—
(a)for the words “in Northern Ireland a motor vehicle insurance business” there shall be substituted the words “insurance business within group 2 in Part II of Schedule 2 to the Insurance Companies Act 1981” and
(b)for “1974” there shall be substituted “1981”.
Marginal Citations