SCHEDULE 4 Minor and Consequential Amendments
Part II Other Amendments
25
(1)
M1The Policyholders Protection Act 1975, shall be amended as follows.
(2)
In section 3(2) for the words from “permitted” to “1974” there shall be substituted the words “authorised under section 3 or 4 of the Insurance Companies Act 1981”.
(3)
In section 8(4), for the words from “not being” to the end there shall be substituted the words “other than class 5, 6, 7, 11 or 12, not being a contract of reinsurance”.
(4)
In subsections (1) and (3) of section 28 after the words “Insurance Companies Act 1974” there shall be inserted the words “the Insurance Companies Act 1981”.
(5)
In section 29 after the words “Insurance Companies Act 1974” there shall be inserted the words “or the Insurance Companies Act 1981”; and at the end there shall be added the words “or the said Act of 1981”.