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Insurance Companies Act 1981

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This is the original version (as it was originally enacted).

29Change of main agent

After section 54 of the 1974 Act there shall be inserted— Duty to notify change of main agent,

54A(1)An insurance company to which this Part of this Act applies shall give written notice to the Secretary of State of the fact that any person has become or ceased to be a main agent of the company and, if a main agent is a body corporate or a firm, of the fact that any person has become or ceased to be a director of the body or partner of the firm.

(2)A notice under this section shall be given before the expiration of the period of fourteen days beginning with the day next following that on which the change comes to the knowledge of the insurance company..

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