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Insurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations 2004
Status:
 
Published in Subsidiary Legislation Supplement
on 30 Dec 2004
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Table Of Contents
Insurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations 2004
Status:
 
Published in Subsidiary Legislation Supplement
on 30 Dec 2004
  • Print
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Table of Contents
Insurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations 2004
Enacting Formula Part I PRELIMINARY
 
1 Citation and commencement
 
2 Definitions
Part II FINANCIAL REQUIREMENT BEFORE REGISTRATION AND FUND SOLVENCY REQUIREMENT
 
3 Paid-up capital requirement
 
4 Fund solvency requirement
Part III ACCOUNTS AND STATEMENTS
 
5 Exemptions in respect of Insurance (Accounts and Statements) Regulations 2004
 
6 Forms
 
7 Balance-sheet in respect of global business operations
 
8 Additional returns
 
9 Provisions as to returns lodged
 
10 Valuation of assets and liabilities
 
11 Lodgment and signature of additional returns
 
12 Additional returns in electronic form
 
13 Deadlines for lodgment of returns
Part IV GENERAL EXEMPTIONS
 
14 Exemption in respect of insurance funds
 
15 Exemption from actuarial certification of liabilities
 
16 Exemption in respect of Policy Owners’ Protection Fund
Part V MISCELLANEOUS
 
17 Revocation
 
18 Savings and transitional provisions
FIRST SCHEDULE Insurance Act (Chapter 142) Nsurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations Form 1 SECOND SCHEDULE Insurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations Form 2
Insurance (General Provisions and Exemptions for Protection and Indemnity Clubs) Regulations 2004
Status:
Published in Subsidiary Legislation Supplement on 30 Dec 2004
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