AI-assisted research summary: This document sets the Insurance Companies Act 1974 name, commencement, and territorial extent, and it also records consequential amendments and repeal notes.
Insurance Companies Act 1974 (repealed 5.11.1993) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . ; The enactments specified in Schedule 1 to this Act shall have effect subject to the amendments there specified, being amendments consequential on the provisions of this Act. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . The foregoing provisions of this section are without prejudice to sections 16(1) and 17(2)(a) of the Interpretation Act 1978 (effect of repeals). This Act may be cited as the Insurance Companies Act 1974. Subject to section 89 above, this Act shall come into operation at the expiration of the period of one month beginning with the date on which it is passed. This Act shall . . . extend to Northern Ireland. In section 433(6) of the Companies Act 1948 for the words “the Assurance Companies Act 1909” there shall be substituted the words “the Insurance Companies Act 1974”. In paragraph 24(1) of Schedule 8 to the said Act of 1948, for the words “the Insurance Companies Act 1958” there shall be substituted the words “Part II of the Insurance Companies Act 1974”. In section 20(2) of the Insurance Companies Act 1958, as it has effect by virtue of section 51 of the Insurance Companies Amendment Act 1973, for the words “section thirteen of this Act” there shall be substituted the words “section 44 of the Insurance Companies Act 1974” . . . In section 89(1) of the Companies Act 1967 for the words from “director” to “manager” there shall be substituted the words “director, chief executive or manager (as defined in the Insurance Companies Act 1974)”. In section 97 of the said Act of 1967 the words from “1(5)” to “60(2)(b) and” shall be omitted. In section 99 of the said act of 1967 the words from the beginning to “column 2 of that Part of that Schedule, and” shall be omitted. In section 110(1) of the said Act of 1967 for the words “section 20 of the Insurance Companies Amendment Act 1973” there shall be substituted the words “section 36 of the Insurance Companies Act 1974”. In section 111(1) of the said Act of 1967 for the words “section 20(2) to (4) of the Insurance Companies Amendment Act 1973” there shall be substituted the words “section 36(2) to (4) of the Insurance Companies Act 1974” and for the words “or the Insurance Companies Amendment Act 1973” (in both places) there shall be substituted the words “or the Insurance Companies Act 1974”. In section 113(1) of the said Act of 1967 for the words “the Insurance Companies Act 1958” there shall be substituted the words “Part II of the Insurance Companies Act 1974”. In section 116 of the said Act of 1967 for the words “section 20(2) to (4) of the Insurance Companies Amendment Act 1973” (in both places) there shall be substituted the words “section 36(2) to (4) of the Insurance Companies Act 1974”. In section 1(3)(b) of the Employers’ Liability (Compulsory Insurance) Act 1969 for the words “Part II of the Companies Act 1967” there shall be substituted the words “Part I of the Insurance Companies Act 1974”. Act repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt V Group2. Ss. 1–87, 88(2)–(5), 89 repealed by Insurance Companies Act 1982 (c. 50, SIF 67), Sch. 6 Unreliable marginal note. The text of s. 88(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. Words substituted by virtue of Interpretation Act 1978 (c. 30, SIF 115:1), s. 25(2) 1978 c. 30.(115:1) Word repealed by Insurance Companies Act 1980 (c. 25, SIF 67), Sch. 5 The text of Sch. 1 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. 1948 c. 38. 1958 c. 72. Entries repealed by Building Societies Act 1986 (c. 53, SIF 16), ss. 54(3)(a)(5), 119(5), 120, Sch. 19 Pt. I Entry repealed by Housing (Consequential Provisions) Act 1985 (c. 71, SIF 61), ss. 3, 5(2), Sch. 1 Pt. I, Sch. 4 1967 c. 81. 1969 c. 57. Entry repealed by Income and Corporation Taxes Act 1988 (c. 1, SIF 63:1), ss. 843, 844(4), Sch. 31 The text of Sch. 2 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.