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Insurance Companies Act 1982

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This is the original version (as it was originally enacted).

88Unregistered companies

(1)Every insurance company to which Part II of this Act applies, being a company which is not registered under the Companies Act 1948, under the Companies Act (Northern Ireland) 1960 or under the former Companies Acts—

(a)if it has not incorporated in its deed of settlement section 10 of the Companies Clauses Consolidation Act 1845, shall keep a shareholders address book in accordance with the provisions of that section and shall, on the application of any shareholder or policy holder of the company, furnish to him a copy of the book on payment of a sum not exceeding 2£p for every hundred words required to be copied;

(b)shall cause a sufficient number of copies of its deed of settlement to be printed and shall, on the application of any shareholder or policy holder of the company, furnish to him one of those copies on payment of a sum not exceeding 5p.

(2)Any insurance company which makes default in complying with this section shall be guilty of an offence and liable on summary conviction in England and Wales and Scotland to a fine not exceeding level 5 on the standard scale and, on summary conviction in Northern Ireland to a fine not exceeding £400.

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