- Y Diweddaraf sydd Ar Gael (Diwygiedig)
- Pwynt Penodol mewn Amser (01/06/1998)
- Gwreiddiol (Fel y'i Deddfwyd)
Insurance Companies Act 1982 (repealed)
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Rhagor o Adnoddau
Changes over time for: Section 95
Version Superseded: 01/12/2001
Alternative versions:
- 01/02/1991- Amendment
- 01/06/1998
Point in time - Stop date 01/12/2001- Amendment
Status:
Point in time view as at 01/06/1998. This version of this provision has been superseded.
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Insurance Companies Act 1982 (repealed), Section 95 is up to date with all changes known to be in force on or before 03 September 2024. There are changes that may be brought into force at a future date. Changes that have been made appear in the content and are referenced with annotations.
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95 Insurance business.U.K.
For the purposes of this Act “insurance business” includes—
(a)the effecting and carrying out, by a person not carrying on a banking business, of contracts for fidelity bonds, performance bonds, administration bonds, bail bonds or customs bonds or similar contracts of guarantee, being contracts effected by way of business (and not merely incidentally to some other business carried on by the person effecting them) in return for the payment of one or more premiums;
(b)the effecting and carrying out of tontines;
(c)the effecting and carrying out, by a body (not being a body carrying on a banking business) that carries on business which is insurance business apart from this paragraph, of—
(i)capital redemption contracts;
(ii)contracts to manage the investments of pension funds (other than funds solely for the benefit of its own officers or employees and their dependants or, in the case of a company, partly for the benefit of those persons and partly for the benefit of officers or employees and their dependants of its subsidiary or holding company or a subsidiary of its holding company);
(d)the effecting and carrying out of contracts to pay annuities on human life.
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