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. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

case ^F3 50 Validation of certain group policies.

(1) ^M1Section 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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in force	Provision is in force
in force*	In force only for specified purposes (for detail about the purposes see/hover footnote)
not in force	Not in force in England (may be in force in other geographies, see footnotes)
italics	Defined term
_dfn	Defined term (alternative style)
gry bckgrd	the in-force status of the provision is complex, check the footnotes

in force

Provision is in force

in force*

In force only for specified purposes (for detail about the purposes see/hover footnote)

not in force

Not in force in England (may be in force in other geographies, see footnotes)

italics

Defined term

_dfn

Defined term (alternative style)

gry bckgrd

the in-force status of the provision is complex, check the footnotes

footnote	commentary	geo extent	insert/omit
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 .

Insurance Companies Amendment Act 1973

1973 CHAPTER 58 cross-notes

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

F2 Miscellaneous

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

case F3 50 Validation of certain group policies.

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

Supplementary

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

F6,F7 54 Minor and consequential amendments and repeals.

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

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

F9 57 Short title, citation and commencement.

F11 SCHEDULE 1 Minor and Consequential Amendments

F16,F16 SCHEDULE 2

F17,F17 SCHEDULES 3—5

Status of changes to instrument text

1973 CHAPTER 58 _cross-notes

^F2 Miscellaneous

case ^F3 50 Validation of certain group policies.

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

^F6^,^F7 54 Minor and consequential amendments and repeals.

^F8 56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

^F9 57 Short title, citation and commencement.

^F11 SCHEDULE 1 Minor and Consequential Amendments

^F16^,^F16 SCHEDULE 2

^F17^,^F17 SCHEDULES 3—5