# Companies Act 1967 (repealed), Section 60: Restriction of carrying on insurance business.

Extent: E+W+S

1), (2) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(3) No person shall carry on in the Isle of Man or any of the Channel Islands industrial assurance business except—
(a) a company incorporated, whether under the Companies Act 1948 or otherwise, or a registered society; or
(b) such a society as falls within paragraph (b) of the last foregoing subsection.
(4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

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Source: https://www.legislation.gov.uk/ukpga/1967/81/section/60 (the official version)
Page: https://openlegislation.uk/companies-act-1967-repealed/section-60
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.