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Insurance Companies Amendment Act 1973

1973 CHAPTER 58

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

Miscellaneous

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

50 Validation of certain group policies.

(1) 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.

51 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Supplementary

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

54 Minor and consequential amendments and repeals.

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

56 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

57 Short title, citation and commencement.

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

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

Schedules

SCHEDULE 1 Minor and Consequential Amendments

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SCHEDULE 2

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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)

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Status of this instrument

footnotecommentarytransitional and savingsin force statusrelated provisionsgeo extentinsert/omitsource countin force adj
C1Act, except ss. 50, 51, 54(1), 56, 57(1), Sch. 1 paras. 15–17, Schs. 3–5, repealed (E.W.S.) by Insurance Companies Act 1974 (c. 49) , Sch. 2
C2Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2
F1Act, 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. 2repealed
F2Act, 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. 2repealed: England, Wales and Scotlandrepealed
F3Act, 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. 2repealed: England, Wales and Scotlandrepealed
F4Act, except ss. 50 and 57(1), repealed (N.I.) by S.I. 1976/59 (N.I. 3) , art. 95(2) , Sch. 2repealed: Northern Irelandrepealed
F5S. 51 repealed (1.12.2001) by S.I. 2001/3647 , art. 5 , Sch. 3 para. 11repealed
F6Act, 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. 2repealed: England, Wales and Scotlandrepealed
F7S. 54 repealed (5.11.1993) by 1993 c. 50 , s. 1(1) , Sch. 1 Pt.V .repealed
F8Act, 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. 2repealed: England, Wales and Scotlandrepealed
F9S. 56 repealed by Insurance Companies Act 1980 (c. 25, SIF 67) , s. 4(3) , Sch. 5repealed
F10Act, 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. 2repealed: England, Wales and Scotlandrepealed
F11Sch. 1 repealed (5.11.1993) by 1993 c. 50 , s. 1(1) , Sch. 1 Pt.V .repealed
F16Act, 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. 2repealed: England, Wales and Scotlandrepealed
F17Schedules 3 —5 repealed by Insurance Act 1980 (c. 25, SIF 67) , s. 4(3) , Sch. 5repealed
M11774 c. 48 .
Defined TermSection/ArticleIDScope of Application

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