Industrial Assurance (Northern Ireland) Order 1979 No. 1574 (NI. 13)

SCHEDULES

SCHEDULE 7 N.I. SPECIAL RULES AS TO CERTAIN FREE PAID-UP POLICIES

3.  Where the surrendered policy provided for payment of a sum by way of return of a premium on any event, the free paid-up policy shall provide that, on that event, such part of the premiums actually paid under the surrendered policy shall be repaid as would have been payable on that event if the surrendered policy had remained in force. N.I.