Part IVU.K. Special Classes of Insurers

87 Companies established outside the United Kingdom.U.K.

(1)The provisions specified in subsection (2) below, if, apart from this section they would not so apply, shall apply in relation to an insurance company incorporated outside the United Kingdom which carries on insurance business within Great Britain or, as the case may be, Northern Ireland as they apply in relation to oversea companies within the meaning of [F1the Companies Act] or, as the case may be, companies to which [F2Part XXIII] of the [F3Companies (Northern Ireland) Order 1986] applies.

(2)The provisions referred to in subsection (1) above are—

[F4(a)sections 691, 692, 693(1), 695, 696 to 698, 700 to 703 and 708 of the Companies Act,]

[F5(c)Articles 641 to 643, 645 to 652 and 657]

Textual Amendments

F4S. 87(2)(a) substituted (E.W.S.) (1.1.1993) for paras. (a) and (b) of s. 87(2) by virtue of Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2 and S.I. 1992/3179, reg. 4, Sch. 3 para.2.

F5S. 87(2)(c) substituted for paras. (c) and (d) of s.87(2) by S.I. 1986/1035 (N.I. 9), art. 23, Sch. 1 Pt. II

Part IVU.K. Special Classes of Insurers

87 Companies established outside the United Kingdom.U.K.

(1)The provisions specified in subsection (2) below, if, apart from this section they would not so apply, shall apply in relation to an insurance company incorporated outside the United Kingdom which carries on insurance business within Great Britain or, as the case may be, Northern Ireland as they apply in relation to oversea companies within the meaning of [F1the Companies Act] or, as the case may be, companies to which [F2Part XXIII] of the [F3Companies (Northern Ireland) Order 1986] applies.

(2)The provisions referred to in subsection (1) above are—

[F4(a)sections 691, 692, 693(1), 695, 696 to 698, 700 to 703 and 708 of the Companies Act,]

[F5(c)Articles 641 to 643, 645 to 652 and 657]

Textual Amendments

F4S. 87(2)(a) substituted (E.W.S.) (1.1.1993) for paras. (a) and (b) of s. 87(2) by virtue of Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 30, Sch. 2 and S.I. 1992/3179, reg. 4, Sch. 3 para.2.

F5S. 87(2)(c) substituted for paras. (c) and (d) of s.87(2) by S.I. 1986/1035 (N.I. 9), art. 23, Sch. 1 Pt. II