The Collecting Societies (Returns) Regulations 1993

• Citation: S.I. 1993/2826
• Sections: 4

Section 1

(1) These Regulations may be cited as the Collecting Societies (Returns) Regulations 1993 and shall come into force on 1st January 1994.

(2) These Regulations do not extend to the Isle of Man and the Channel Islands.

Section 2

(1) Every collecting society shall not later than 30th June or 14 days before its annual general meeting, whichever is the earlier, in 1995 and each subsequent year send to the Commission a return relating to its industrial assurance policies for the previous year containing the particulars prescribed in Part I of the Schedule to these Regulations.

(2) A collecting society whose industrial assurance fund at the end of the year to which the return relates exceeded £1,000,000 or whose premium income from industrial assurance policies during that year exceeded £150,000 shall include in its return of industrial assurance policies for that year the particulars prescribed in Part II of the Schedule to these Regulations.

Section 3

Nothing in these Regulations shall affect the operation of the Industrial Assurance (Collecting Society Returns) Regulations 1968 in respect of returns relating to the year 1993 or any earlier year.

Section 4

Subject to Regulation 3 of these Regulations, the Industrial Assurance (Collecting Society Returns) Regulations 1968 are revoked.