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SCHEDULES

SCHEDULE 1Amendments of the Insurance Companies Act 1974

PART IIOther Amendments of That Act

38In section 72—

(a)for subsection (2) substitute—

(2)Where an insurance company carries on any industrial assurance business, the company shall deposit with the Industrial Assurance Commissioner and the Industrial Assurance Commissioner for Northern Ireland a copy of any document which relates to industrial assurance business and which is deposited with the Secretary of State under section 18(1), (2) and (6) above or which is supplied by the company to the Secretary of State under section 18(5) above.;

(b)in subsection (3) for " which relates to industrial assurance business " substitute " mentioned in subsection (2) above " and at the end add " and the Commissioner for Northern Ireland " ;

(c)omit subsections (4), (7) and (8) ;

(d)in subsections (5), (6) and (9) after " Commissioner " insert " and the Commissioner for Northern Ireland " ;

(e)in subsection (10) for " before 1st January 1924 " substitute "in Great Britain before 1st January 1924 or in Northern Ireland before 1st January 1925 ".