The Insurance Companies Act 1958 (6 & 7 Eliz. 2. c. 72) was an act of the Parliament of the United Kingdom that consolidated enactments relating to assurance and insurance companies in Great Britain.[1]
| Act of Parliament | |
| Long title | An Act to consolidate the Assurance Companies Acts 1909 to 1946, and the enactments amending those Acts with corrections and improvements made under the Consolidation of Enactments (Procedure) Act 1949. |
|---|---|
| Citation | 6 & 7 Eliz. 2. c. 72 |
| Territorial extent | [b] |
| Dates | |
| Royal assent | 1 August 1958 |
| Commencement | 1 November 1958[c] |
| Repealed | 1 December 2001 |
| Other legislation | |
| Amends | See § Repealed enactments |
| Repeals/revokes | See § Repealed enactments |
| Amended by | |
| Repealed by | Financial Services and Markets Act 2000 (Consequential Amendments and Savings) (Industrial Assurance) Order 2001 |
Status: Repealed | |
| Text of statute as originally enacted | |
Provisions
editRepealed enactments
editSection 36 of the act repealed 7 enactments, listed in part II of the fifth schedule to the act.[2]
| Citation | Short title | Extent of repeal |
|---|---|---|
| 9 Edw. 7. c. 49 | Assurance Companies Act 1909 | The whole act. |
| 13 & 14 Geo. 5. c. 8 | Industrial Assurance Act 1923 | Sections twelve and forty-two. |
| 20 & 21 Geo. 5. c. 43 | Road Traffic Act 1930 | Section forty-two. |
| 23 & 24 Geo. 5. c. 9 | Assurance Companies (Winding Up) Act 1933 | The whole act. |
| 25 & 26 Geo. 5. c. 45 | Assurance Companies (Winding Up) Act 1935 | The whole act. |
| 9 & 10 Geo. 6. c. 28 | Assurance Companies Act 1946 | The whole act except section five. |
| 11 & 12 Geo. 6. c. 38 | Companies Act 1948 | In section four hundred and fifty-six, the words "The Assurance Companies Acts, 1909 to 1946,"; in the Sixteenth Schedule, paragraph 1. |
Subsequent developments
editThe act was substantially repealed by section 88(2) of, and schedule 2 to, the Insurance Companies Act 1974 (c. 49), which came into force on 31 August 1974.[3]
The whole act was repealed by article 5 of, and paragraph 7 of schedule 3 to, the Financial Services and Markets Act 2000 (Consequential Amendments and Savings) (Industrial Assurance) Order 2001 (SI 2001/3647), which came into force on 1 December 2001.[4]
Notes
editReferences
edit- ↑ Benjamin, S. (1972). "Supervision of Insurance in the United Kingdom". Journal of the Institute of Actuaries (1886-1994). 98 (3): 233–250. ISSN 0020-2681.
- ↑ "Insurance Companies Act 1958", legislation.gov.uk, The National Archives, Eliz2/6-7 c. 72
- ↑ "Insurance Companies Act 1974", legislation.gov.uk, The National Archives, 1974 c. 49
- ↑ "Financial Services and Markets Act 2000 (Consequential Amendments and Savings) (Industrial Assurance) Order 2001", legislation.gov.uk, The National Archives, SI 2001/3647
External links
edit- Text of the Insurance Companies Act 1958 as originally enacted or made within the United Kingdom, from legislation.gov.uk.