Section 134 Provision for extending or restricting relief from s. 130.C1

England, Wales and Scotland

(1)

The Secretary of State may by regulations in a statutory instrument make such provision as appears to him to be appropriate—

(a)

for relieving companies from the requirements of section 130 in relation to premiums other than cash premiums, or

(b)

for restricting or otherwise modifying any relief from those requirements provided by this Chapter.

(2)

Regulations under this section may make different provision for different cases or classes of case and may contain such incidental and supplementary provisions as the Secretary of State thinks fit.

(3)

No such regulations shall be made unless a draft of the instrument containing them has been laid before Parliament and approved by a resolution of each House.

Annotations

Modifications

C1: S. 134 modified by Companies Consolidation (Consequential Provisions) Act 1985 (c. 9, SIF 27), s. 12(6)

Notes on Chapter III

Textual amendments

F1: Ss. 126-182 repealed (1.10.2009) by Companies Act 2006 (c. 46), ss. 1295, 1300, Sch. 16; S.I. 2008/2860, art. 4, Sch. 1 (with arts. 5, 7, 8, Sch. 2 (as amended by S.I. 2009/1802, art. 18, Sch.))