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Insurance Companies Amendment Act 1973

1973 CHAPTER 58 cross-notes

F1 An Act to amend the law relating to insurance companies and the carrying on of insurance business; and to validate certain group policies.

[25th July 1973]

1—35. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F2 Miscellaneous

36—49. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F3 50 Validation of certain group policies.

(1) M1 Section 2 of the Life Assurance Act 1774 (policy on life or lives or other event or events not valid unless name or names of assured etc. inserted when policy is made) shall not invalidate a policy for the benefit of unnamed persons from time to time falling within a specified class or description if the class or description is stated in the policy with sufficient particularity to make it possible to establish the identity of all persons who at any given time are entitled to benefit under the policy.

(2) This section applies to policies effected before the passing of this Act as well as to policies effected thereafter.

F4,F5 51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Supplementary

52—53. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F6,F7 54 Minor and consequential amendments and repeals.

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55 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F8 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F9 57 Short title, citation and commencement.

(1) This Act may be cited as the Insurance Companies Amendment Act 1973.

(2)–(8) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

F10 Schedules

F11 SCHEDULE 1 Minor and Consequential Amendments

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F16,F16 SCHEDULE 2

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F17,F17 SCHEDULES 3—5

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Status: There are currently no known outstanding effects for the Insurance Companies Amendment Act 1973.
Insurance Companies Amendment Act 1973 (1973/58)
Version from: 1 December 2001

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Status of this instrument

in force Provision is in force
in force* In force only for specified purposes (see footnote)
not in force Not in force in England (may be in force in other geographies, see footnotes)
defined term Defined term
dfn Defined term (alternative style)
footnote commentary transitional and savings in force status related provisions geo extent insert/omit source count in force adj
C1 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2
C2 Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2
F1 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15-17, Schs. 3-5, repealed (E.W.S) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act except ss. 50 and 57(1), repealed (N.I) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed
F2 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F3 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F4 Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: Northern Ireland repealed
F5 S. 51 repealed (1.12.2001) by S.I. 2001/3647 , art. 5 , Sch. 3 para. 11 repealed
F6 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F7 S. 54 repealed (5.11.1993) by 1993 c. 50 , s. 1(1) , Sch. 1 Pt.V . repealed
F8 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F9 S. 56 repealed by Insurance Companies Act 1980 (c. 25, SIF 67) , s. 4(3) , Sch. 5 repealed
F10 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F11 Sch. 1 repealed (5.11.1993) by 1993 c. 50 , s. 1(1) , Sch. 1 Pt.V . repealed
F16 Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2 ; Act, except ss. 50 and 57(1), repealed (N.I.), by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2 repealed: England, Wales and Scotland repealed
F17 Schedules 3 —5 repealed by Insurance Act 1980 (c. 25, SIF 67) , s. 4(3) , Sch. 5 repealed
M1 1774 c. 48 .
Defined Term Section/Article ID Scope of Application

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