SCHEDULES
SCHEDULE 5PROVISIONS AS TO VALUATIONS AND RELATED MATTERS
7
Where a valuation discloses a deficiency, theF1 Commission may, if, after investigation,F1 it is satisfied that theF1. . . 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.