Insurance Companies Act 1981 (repealed)

Insurance Companies Act 1981 (repealed) Schedule 4 to this Act shall have effect. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . This Act may be cited as the Insurance Companies Act 1981. This Act extends to Northern Ireland. In section 20(2) of the Insurance Companies Act 1958 for the words “the amount required by section 44 of the Insurance Companies Act 1974” there shall be substituted the words “£50,000”. In section 1(3)(b) of the Employers’ Liability (Compulsory Insurance) Act 1969 for the words from “Great Britain” to “1974” there shall be substituted the words “the United Kingdom insurance business of a class specified in Schedule 1 or 2 to the Insurance Companies Act 1981”. In Article 5(3)(b) of the Employer’s Liability (Defective Equipment and Compulsory Insurance) (Northern Ireland) Order 1972 for the words from “Northern Ireland” to “1974” there shall be substituted the words “the United Kingdom insurance business of a class specified in Schedule 1 or 2 to the Insurance Companies Act 1981”. In section 87(1) of the Solicitors Act 1974— for the definition of “liability insurance business” there shall be substituted— “liability insurance business” means insurance business within class 13 in Schedule 2 to the Insurance Companies Act 1981 and for the definition of “pecuniary loss insurance business” there shall be substituted— “pecuniary loss insurance business” means insurance business within class 1, 2, 14, 15, 16 or 17 in Schedule 2 to the Insurance Companies Act 1981 The Policyholders Protection Act 1975, shall be amended as follows. In section 3(2) for the words from “permitted” to “1974” there shall be substituted the words “authorised under section 3 or 4 of the Insurance Companies Act 1981”. In section 8(4), for the words from “not being” to the end there shall be substituted the words “other than class 5, 6, 7, 11 or 12, not being a contract of reinsurance”. In subsections (1) and (3) of section 28 after the words “Insurance Companies Act 1974” there shall be inserted the words “the Insurance Companies Act 1981”. In section 29 after the words “Insurance Companies Act 1974” there shall be inserted the words “or the Insurance Companies Act 1981”; and at the end there shall be added the words “or the said Act of 1981”. In section 29(1) of the Insurance Brokers (Registration) Act 1977— in the definition of “authorised insurers” for the words “liability insurance business or pecuniary loss insurance business” there shall be substituted the words “insurance business of class 13 or of classes 1, 2, 14, 15, 16 and 17 in Schedule 2 to the Insurance Companies Act 1981”; and in the definition of “insurance business” for the words from “of any” to “assurance business” there shall be substituted the words “other than industrial assurance business (within the meaning of section 1(2) of the Industrial Assurance Act 1923 or Articles 2(2) and 3(1) of the Industrial Assurance (Northern Ireland) Order 1979).” In Article 3(4) of the Industrial Assurance (Northern Ireland) Order 1979— for the words “Act 1974 and in particular to section 2(2) of that Act” there shall be substituted the words “Acts 1974 and 1981 and in particular to sections 2(3) and 3(2) of that Act of 1981”; for the words “section 3 of that Act” there shall be substituted the words “section 3 of that Act of 1981”. In Article 101(1) of the Road Traffic (Northern Ireland) Order 1981— for the words “in Northern Ireland a motor vehicle insurance business” there shall be substituted the words “insurance business within group 2 in Part II of Schedule 2 to the Insurance Companies Act 1981” and for “1974” there shall be substituted “1981”. Act repealed (3.7.2002) by S.I. 2002/1555, art. 10 Whole Act (except ss. 36(1), 38 and Part II of Schedule 4) repealed by Insurance Companies Act 1982 (c. 50, SIF 67), s. 99(3), Sch. 6 The text of s. 36(1) is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991. The text of Schedule 4 Pt. II is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and, except as specified, does not reflect any amendments or repeals which may have been made prior to 1.2.1991. 1958 c. 72. Sch. 4 para. 18 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.V Group 2. 1969 c. 57. Sch. 4 Pt. II para. 20 repealed by S.I. 1984/1821 (N.I. 11), art. 53(3), Sch. 5 Pt. I S.I. 1972/963 (N.I. 6.). Sch. 4 Pt. II para. 22 repealed by Road Traffic (Consequential Provisions) Act 1988 (c. 54, SIF 107:1), ss. 3, 5, Sch. 1 Pt. I, Sch. 4 paras. 1, 2 1974 c. 47. Sch. 4 para. 24 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.V Group 2. 1975 c. 75. 1977 c. 46. Sch. 4 Pt. II para. 27 repealed by Banking Act 1987 (c. 22, SIF 10), s. 108(2), Sch. 7 Pt. I S.I. 1981/154 (N.I. 1.). S.I. 1981/154 (N.I.1).