Policyholders Protection Act 1975 (repealed)
Policyholders Protection Act 1975 (repealed) (1975 c. 75)
- Policyholders Protection Act 1975 (repealed) (1975 c. 75)
- The Policyholders Protection Board
- 1 The Policyholders Protection Board.
- 2 Guidance to the Board by the Treasury.
- General scope of the Board’s functions under this Act
- 3 Authorised insurance companies.
- 3A Authorised and other friendly societies.
- 4 Protection confined to United Kingdom policies.
- Duties of the Board in case of companies and friendly societies in liquidation
- 5 Application of sections 6 to 11.
- 5A Application of sections 8A, 10 and 11.
- 6 Compulsory insurance policies and securities.
- 7 Third-party rights against insurance companies in road traffic cases.
- 8 General policies other than compulsory insurance policies.
- 8A General contracts made by friendly societies
- 9 Limits on the duties of the Board under sections 6 to 8.
- 10 Long term policies.
- 11 Special provision for future benefits under long term policies.
- 11A Application of provisions to closing societies.
- 12 Disproportionate benefits under long term policies.
- General provisions with respect to the duties of the Board
- 13 General provisions with respect to the performance by the Board of their duties.
- 14 Exclusion and modification of duties of the Board where payments are made by other persons, etc.
- Powers of the Board to assist policyholders of companies in liquidation, etc.
- 15 Interim payments to policyholders of companies in liquidation, etc.
- Powers of the Board to protect policyholders of companies in financial difficulties
- 16 Companies in financial difficulties: transfers of business, etc.
- 17 Special provision with respect to long term business of a company in financial difficulties.
- 17A Schemes of arrangement, etc.: power of Secretary of State to intervene.
- Levies on the insurance industry to finance the performance by the Board of their functions
- 18 General business expenditure and long term business expenditure.
- 19 Levies on intermediaries.
- 20 The exempt income level for the purposes of section 19.
- 21 Levies on authorised insurance companies.
- Miscellaneous and supplementary
- 23 Special provision for persons insured under contracts of insurance not evidenced by policies.
- 23A Reimbursement by Board of payments by intermediaries.
- 24 Application of general receipts by the Board.
- 25 Application of surplus funds by the Board.
- 26 Overseas companies.
- 27 Disclosure of documents and information to the Board.
- 28 Statement by Treasury with respect to the exercise of his powers in relation to a company in liquidation, etc.
- 29 Disclosure of documents and information to insurance advisers appointed by the Treasury.
- 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
- 31 Regulations.
- 32 Interpretation.
- 33 Short title and extent.
- SCHEDULES
- SCHEDULE 1 Additional Provisions with respect to the Policyholders Protection Board
- Constitution of the Board
- Appointment and tenure of members, etc.
- Remuneration, etc. of members
- Powers and procedure, etc.
- Performance of functions
- Instruments and contracts
- Accounts, audit and annual report
- SCHEDULE 2 Additional Provisions with Respect to Levies on Intermediaries
- Restriction on the imposition of the levy
- The rate of the levy
- Statements for the purposes of section 20
- Declaration and enforcement of the levy
- Notices under paragraphs 3 and 5
- SCHEDULE 3 Additional Provisions with Respect to Levies on Authorised Insurance Companies
- Restrictions on the imposition of the levies
- Statements of premium income
- Declaration and enforcement of levies
- Notices under paragraphs 4 and 6
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