SCHEDULES

Section 20

SCHEDULE 3 Transitory, transitional and saving provisions

1 (1) Section 1(1)(a) applies where the insured became a relevant person before, as well as when the insured becomes such a person on or after, commencement day.

(2) Section 1(1)(b) applies where the liability was incurred before, as well as where it is incurred on or after, commencement day.

2 Until the coming into force of section 47(1) of the Bankruptcy and Diligence etc (Scotland) Act 2007 (asp 3), the reference to that provision in paragraph 1(5) of Schedule 1 is to be read as a reference to section 486(1) of the Companies Act 1985.

3 Despite its repeal by this Act, the Third Parties (Rights against Insurers) Act 1930 continues to apply in relation to—

(a) cases where the event referred to in subsection (1) of section 1 of that Act and the incurring of the liability referred to in that subsection both happened before commencement day;

(b) cases where the death of the deceased person referred to in subsection (2) of that section happened before that day.

4 Despite its repeal by this Act, the Third Parties (Rights against Insurers) Act (Northern Ireland) 1930 continues to apply in relation to—

(a) cases where the event referred to in subsection (1) of section 1 of that Act and the incurring of the liability referred to in that subsection both happened before commencement day;

(b) cases where the death of the deceased person referred to in subsection (2) of that section happened before that day.

5 In this Schedule “commencement day” means the day on which this Act comes into force.