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Insurance Companies Amendment Act 1973

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E+W+S+N.I.

Insurance Companies Amendment Act 1973

1973 CHAPTER 58

F1 An Act to amend the law relating to insurance companies and the carrying on of insurance business; and to validate certain group policies.

[25th July 1973]

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Amendments (Textual)

F1Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15-17, Schs. 3-5, repealed (E.W.S) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act except ss. 50 and 57(1), repealed (N.I) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

Modifications etc. (not altering text)

C1Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2

C2Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

1—35.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F2E+W+S+N.I.

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Amendments (Textual)

F2Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

MiscellaneousE+W+S+N.I.

36—49.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3E+W+S+N.I.

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Amendments (Textual)

F3Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

50 Validation of certain group policies.E+W+S+N.I.

(1)Section 2 of the M1Life Assurance Act 1774 (policy on life or lives or other event or events not valid unless name or names of assured etc. inserted when policy is made) shall not invalidate a policy for the benefit of unnamed persons from time to time falling within a specified class or description if the class or description is stated in the policy with sufficient particularity to make it possible to establish the identity of all persons who at any given time are entitled to benefit under the policy.

(2)This section applies to policies effected before the passing of this Act as well as to policies effected thereafter.

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Marginal Citations

F4F551. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .E+W+S

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Amendments (Textual)

F4Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

F5S. 51 repealed (1.12.2001) by S.I. 2001/3647, art. 5, Sch. 3 para. 11

SupplementaryE+W+S+N.I.

52—53.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F6E+W+S+N.I.

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Amendments (Textual)

F6Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

F754 Minor and consequential amendments and repeals.E+W+S

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Amendments (Textual)

F7S. 54 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.V.

55. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F8E+W+S+N.I.

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Amendments (Textual)

F8Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

56. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F9E+W+S+N.I.

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Annotations are used to give authority for changes and other effects on the legislation you are viewing and to convey editorial information. They appear at the foot of the relevant provision or under the associated heading. Annotations are categorised by annotation type, such as F-notes for textual amendments and I-notes for commencement information (a full list can be found in the Editorial Practice Guide). Each annotation is identified by a sequential reference number. For F-notes, M-notes and X-notes, the number also appears in bold superscript at the relevant location in the text. All annotations contain links to the affecting legislation.

Amendments (Textual)

57 Short title, citation and commencement.E+W+S+N.I.

(1)This Act may be cited as the Insurance Companies Amendment Act 1973.

(2)–(8). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F10

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Amendments (Textual)

F10Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

Schedules

F11SCHEDULE 1E+W+S+N.I. Minor and Consequential Amendments

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Amendments (Textual)

F11Sch. 1 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.V.

F16F16SCHEDULE 2E+W+S+N.I.

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Amendments (Textual)

F16Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49), Sch. 2; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3), art. 95(2), Sch. 2

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F16

F17F17SCHEDULES 3—5E+W+S+N.I.

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Amendments (Textual)

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F17

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