Policyholders Protection Act 1997 (c. 18)

SCHEDULES

Section 1.

SCHEDULE 1 Section 1: consequential amendments

1 The 1975 Act shall be amended as follows.

2 In section 5(1) and (4), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

3 In section 6(2), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

4 In section 9(1), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

5 In section 11(5), for “authorised insurance company”, in both places, there shall be substituted “insurance company to which this Act applies”.

6 In section 15(1), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

7 (1) Section 16 shall be amended as follows.

(2) In subsection (1), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

(3) In subsection (3), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

8 In section 23(1), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

9 In section 26(1), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

10 In section 32, after subsection (1) there shall be inserted—

“(1A) In this Act, references to an insurance company to which this Act applies shall be construed in accordance with section 3(2) above.”

11 (1) In Schedule 1, paragraph 1 shall be amended as follows.

(2) In sub-paragraph (2), for “authorised insurance companies”, in both places, there shall be substituted “insurance companies to which this Act applies”.

(3) In sub-paragraph (4), for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.

(4) In sub-paragraph (5)—

(a) for “authorised insurance companies” there shall be substituted “insurance companies to which this Act applies”, and

(b) for “authorised insurance company” there shall be substituted “insurance company to which this Act applies”.