Life Assurance Companies (Payment Into Court) Act 1896

1896 CHAPTER 8 59 and 60 Vict

An Act to enable Life Assurance Companies to pay Money into Court in certain Cases.

[21st May 1896][21st May 1896]

1 Short title.E+W+N.I.

This Act may be cited as the Life Assurance Companies (Payment into Court) Act 1896.

2 Interpretation.E+W+N.I.

In this Act—

  • The expression “life assurance company” means any corporation, company, or society carrying on the business of life assurance, not being a society registered under the Acts relating to friendly societies;

  • The expression “life policy” includes any policy not foreign to the business of life assurance.

3 Power to pay money into court.E+W+N.I.

Subject to [F1rules of court][F1rules made under section 55 of the M1Judicature (Northern Ireland) Act 1978] any life assurance company may pay into the [F2Supreme Court . . . F3], any moneys payable by them under a life policy in respect of which, in the opinion of their board of directors, no sufficient discharge can otherwise be obtained.

Textual Amendments

F1Words from “rules” to “1978” substituted (N.I.) (18.4.1979) for words “rules of court” by virtue of Judicature (Northern Ireland) Act 1978 (c. 23), Sch. 5 Pt. I

F3Words repealed (E.W.) by Courts Act 1971 (c. 23), Sch. 11 Pt. II; replaced (N.I.) (18.4.1979) by virtue of Judicature (Northern Ireland) Act 1978 (c. 23), Sch. 5 Pt. II

Marginal Citations

4 Receipt of officer sufficient discharge.E+W+N.I.

The receipt or certificate of the proper officer shall be a sufficient discharge to the company for the moneys so paid into court, and such moneys shall, subject to [F4rules of court][F4rules made under section 55 of the M2Judicature (Northern Ireland) Act 1978] be dealt with according to the orders of the [F5High Court][F5Supreme Court] . . . F6

Textual Amendments

F4Words from “rules” to “1978” substituted (N.I.) (18.4.1979) for words “rules of court” by virtue of Judicature (Northern Ireland) Act 1978 (c. 23), Sch. 5 Pt. I

F5Words “Supreme Court” substituted (E.W.) for words “High Court” by virtue of Administration of Justice Act 1965 (c. 2), Sch. 1

Marginal Citations

5 Extent of Act.E+W+N.I.

This Act does not extend to Scotland.