SCHEDULES

SCHEDULE 5 PROVISIONS AS TO VALUATIONS AND RELATED MATTERS
7 Where a valuation discloses a deficiency, the Commission may, if, after investigation, it is satisfied that the. . . industrial assurance company should cease to carry on industrial assurance business,—
Sub‐para. (a) rep. by 1992 c. 40
(b) in the case of an industrial assurance company, present a petition to the High Court for the winding-up of the company.
1992 c. 40