The Insurance Companies (Accounts and Statements) (Amendment) Regulations 1989

• Citation: S.I. 1989/1952
• Sections: 3

Section 1

These Regulations may be cited as the Insurance Companies (Accounts and Statements) (Amendment) Regulations 1989 and shall come into force on 1st March 1990.

Section 2

The Insurance Companies (Accounts and Statements) Regulations 1983 (“the principal Regulations”) shall have effect subject to the amendments specified in regulation 3 below.

Section 3

In paragraph 6 of Schedule 6 to the principal Regulations–

(a) in sub-paragraph (c) after the semi-colon the word “and” shall be deleted;

(b) in sub-paragraph (d) after the word “income” for the full-stop there shall be substituted a semi-colon, after which there shall be inserted the word “and” and the following sub-paragraph–

(e) in the case of a company to which section 31A of the Insurance Companies Act 1982 applies, that the company has fully complied with the requirements of that section.

and at the foot of the relevant page there shall be inserted as a footnote the words “(a) 1982 c. 50 ; section 31A was inserted by section 136 of the Financial Services Act 1986 (c. 60) .”.