Chwilio Deddfwriaeth

The Industrial Assurance (Life Assurance Premium Relief) Regulations 1977

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  • Y Diweddaraf sydd Ar Gael (Diwygiedig)
  • Gwreiddiol (a wnaed Fel)

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Dyma’r fersiwn wreiddiol (fel y’i gwnaed yn wreiddiol). This item of legislation is currently only available in its original format. The electronic version of this UK Statutory Instrument has been contributed by Westlaw and is taken from the printed publication. Read more

Interpretation

2.—(1) In these Regulations—

industrial assurance company” and “collecting societyhave the meanings assigned by section 1 of the Industrial Assurance Act 1923 as amended by Schedule 6 to the Companies Act 1967;

industrial assurance contract” means a contract of assurance made by an industrial assurance company in the course of its industrial assurance business in Great Britain or a contract made by a collecting society with a member of the society in the course of its industrial assurance business in Great Britain, whether contained in the rules of the society or not;

collecting society contract” means a contract, other than an industrial assurance contract, made by a collecting society with a member of the society in the course of business in Great Britain, whether contained in the rules of the society or not;

the prescribed scheme” means the scheme prescribed in Schedule 1 to these Regulations;

an approved scheme” means a special scheme approved by the Industrial Assurance Commissioner in the circumstances provided for in regulation 7 of these Regulations;

actuary” means an actuary having the qualifications which are prescribed by the Friendly Societies (Qualifications of Actuaries) Regulations 1968;

net premiumhas the meaning assigned in paragraph 3 of Schedule 1 to these Regulations;

gross premium” means the premium of the amount payable under the policy or contract;

parentincludes a stepfather and a stepmother.

(2) The rules for the construction of Acts of Parliament contained in the Interpretation Act 1889 shall apply for the purposes of the interpretation of these Regulations.

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