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Policyholders Protection Act 1975 (repealed)

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You searched for provisions that are applicable to Wales. The matching provisions are highlighted below.

  1. Introductory TextNext Match

  2. The Policyholders Protection BoardPrevious MatchNext Match

    1. 1. The Policyholders Protection Board.Previous MatchNext Match

    2. 2. Guidance to the Board by the Treasury.Previous MatchNext Match

  3. General scope of the Board’s functions under this ActPrevious MatchNext Match

    1. 3. Authorised insurance companies.Previous MatchNext Match

    2. 3A. Authorised and other friendly societies.Previous MatchNext Match

    3. 4. Protection confined to United Kingdom policies.Previous MatchNext Match

  4. Duties of the Board in case of companies and friendly societies in liquidationPrevious MatchNext Match

    1. 5. Application of sections 6 to 11.Previous MatchNext Match

    2. 5A. Application of sections 8A, 10 and 11.Previous MatchNext Match

    3. 6. Compulsory insurance policies and securities.Previous MatchNext Match

    4. 7. Third-party rights against insurance companies in road traffic cases.Previous MatchNext Match

    5. 8. General policies other than compulsory insurance policies.Previous MatchNext Match

    6. 8A. General contracts made by friendly societiesPrevious MatchNext Match

    7. 9. Limits on the duties of the Board under sections 6 to 8.Previous MatchNext Match

    8. 10. Long term policies.Previous MatchNext Match

    9. 11. Special provision for future benefits under long term policies.Previous MatchNext Match

    10. 11A. Application of provisions to closing societies.Previous MatchNext Match

    11. 12. Disproportionate benefits under long term policies.Previous MatchNext Match

  5. General provisions with respect to the duties of the BoardPrevious MatchNext Match

    1. 13. General provisions with respect to the performance by the Board of their duties.Previous MatchNext Match

    2. 14. Exclusion and modification of duties of the Board where payments are made by other persons, etc.Previous MatchNext Match

  6. Powers of the Board to assist policyholders of companies in liquidation, etc.Previous MatchNext Match

    1. 15. Interim payments to policyholders of companies in liquidation, etc.Previous MatchNext Match

  7. Powers of the Board to protect policyholders of companies in financial difficultiesPrevious MatchNext Match

    1. 16. Companies in financial difficulties: transfers of business, etc.Previous MatchNext Match

    2. 17. Special provision with respect to long term business of a company in financial difficulties.Previous MatchNext Match

    3. 17A. Schemes of arrangement, etc.: power of Secretary of State to intervene.Previous MatchNext Match

  8. Levies on the insurance industry to finance the performance by the Board of their functionsPrevious MatchNext Match

    1. 18. General business expenditure and long term business expenditure.Previous MatchNext Match

    2. 19. Levies on intermediaries.Previous MatchNext Match

    3. 20. The exempt income level for the purposes of section 19.Previous MatchNext Match

    4. 21. Levies on authorised insurance companies. Previous MatchNext Match

    5. 22.(1) . . . . . . . . ....Previous MatchNext Match

  9. Miscellaneous and supplementaryPrevious MatchNext Match

    1. 23. Special provision for persons insured under contracts of insurance not evidenced by policies.Previous MatchNext Match

    2. 23A.Reimbursement by Board of payments by intermediaries.Previous MatchNext Match

    3. 24. Application of general receipts by the Board.Previous MatchNext Match

    4. 25. Application of surplus funds by the Board.Previous MatchNext Match

    5. 26. Overseas companies.Previous MatchNext Match

    6. 27. Disclosure of documents and information to the Board.Previous MatchNext Match

    7. 28. Statement by Treasury with respect to the exercise of his powers in relation to a company in liquidation, etc.Previous MatchNext Match

    8. 29. Disclosure of documents and information to insurance advisers appointed by the Treasury.Previous MatchNext Match

    9. 30. Report by Secretary of State with respect to the operation of this Act.Previous MatchNext Match

    10. 31. Regulations.Previous MatchNext Match

    11. 32. Interpretation.Previous MatchNext Match

    12. 33. Short title and extent.Previous MatchNext Match

  10. SCHEDULES

    1. SCHEDULE 1Previous MatchNext Match

      Additional Provisions with respect to the Policyholders Protection BoardPrevious MatchNext Match

      1. Constitution of the BoardPrevious MatchNext Match

        1. 1.(1) The Board shall consist of five persons appointed by...Previous MatchNext Match

      2. Appointment and tenure of members, etc.Previous MatchNext Match

        1. 2.(1) Any appointment made by the Treasury under paragraph 1...Previous MatchNext Match

        2. 3.(1) The Treasury shall appoint one of the members of...Previous MatchNext Match

        3. 4.(1) Subject to the following provisions of this paragraph, the...Previous MatchNext Match

      3. Remuneration, etc. of membersPrevious MatchNext Match

        1. 5.(1) Subject to sub-paragraph (2) below, Board shall pay to...Previous MatchNext Match

        2. 6.If a person ceases to be a member or an...Previous MatchNext Match

      4. Powers and procedure, etc.Previous MatchNext Match

        1. 7.(1) The Board may invest any funds held by them...Previous MatchNext Match

        2. 8.Subject to the provisions of this Schedule, the Board shall...Previous MatchNext Match

        3. 9.(1) Subject to sub-paragraph (2) below, a member or an...Previous MatchNext Match

        4. 10.The validity of any proceedings of the Board shall not...Previous MatchNext Match

      5. Performance of functionsPrevious MatchNext Match

        1. 11.The Board may authorise any member or alternate member or...Previous MatchNext Match

      6. Instruments and contractsPrevious MatchNext Match

        1. 12.The fixing of the common seal of the Board shall...Previous MatchNext Match

        2. 13.A document purporting to be duly executed under the seal...Previous MatchNext Match

      7. Accounts, audit and annual reportPrevious MatchNext Match

        1. 14.(1) It shall be the duty of the Board— Previous MatchNext Match

    2. SCHEDULE 2Previous MatchNext Match

      Additional Provisions with Respect to Levies on IntermediariesPrevious MatchNext Match

      1. Restriction on the imposition of the levyPrevious MatchNext Match

        1. 1.No levy shall be imposed under section 19 above in...Previous MatchNext Match

      2. The rate of the levyPrevious MatchNext Match

        1. 2.(1) Subject to sub-paragraph (2) below, the rate of a...Previous MatchNext Match

      3. Statements for the purposes of section 20Previous MatchNext Match

        1. 3.(1) The Board may by notice in writing require any...Previous MatchNext Match

        2. 4.(1) Any person who causes or permits to be included...Previous MatchNext Match

      4. Declaration and enforcement of the levyPrevious MatchNext Match

        1. 5.(1) On imposing a levy under section 19 above in...Previous MatchNext Match

        2. 6.(1) An intermediary to whom notice of a levy is...Previous MatchNext Match

      5. Notices under paragraphs 3 and 5Previous MatchNext Match

        1. 7.A notice under paragraph 3 or 5 above may be...Previous MatchNext Match

    3. SCHEDULE 3Previous MatchNext Match

      Additional Provisions with Respect to Levies on Authorised Insurance CompaniesPrevious MatchNext Match

      1. Restrictions on the imposition of the leviesPrevious MatchNext Match

        1. 1.No levy may be imposed by the Board under section...Previous MatchNext Match

        2. 2.(1) The amounts required to be paid by any company...Previous MatchNext Match

        3. 3.The Board may not impose a levy for the purpose...Previous MatchNext Match

      2. Statements of premium incomePrevious MatchNext Match

        1. 4.(1) The Treasury may by notice in writing require an...Previous MatchNext Match

        2. 4A.In the application of this Schedule to a friendly society—...Previous MatchNext Match

        3. 4B.(1) Any person who causes or permits to be included...Previous MatchNext Match

        4. 5.(1) Any person who causes or permits to be included...Previous MatchNext Match

      3. Declaration and enforcement of leviesPrevious MatchNext Match

        1. 6.(1) Subject to paragraphs 1 to 3 above, levies may...Previous MatchNext Match

        2. 7.(1) An insurance company to which notice of the rate...Previous MatchNext Match

      4. Notices under paragraphs 4 and 6Previous MatchNext Match

        1. 8.A notice under paragraph 4 or 6 above may be...Previous MatchNext Match

        2. 8A.(1) The Secretary of State may by regulations made by...Previous MatchNext Match

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