Article 5 Deposit of accounts etc with Secretary of State

(1)

In section 22(1) of the 1982 Act (which requires an insurance company to which Part II of the Act applies to deposit five copies of certain printed documents with the Secretary of State) for “five copies”there shall be substituted “the required copies of the document”.

(2)

After subsection (1) of that section there shall be inserted —

“(1A)

In subsection (1) above, the reference to the required copies, in relation to a document, is to —

(a)

five printed copies of the document, or

(b)

one printed copy of the document and one copy of it in a form approved for the purposes of this subsection by the Secretary of State.”

(3)

In subsection (3) of that section (which requires one copy of any deposited document, except an auditor’s report, to be signed by such persons as may be prescribed) —

(a)

for “One of the copies”there shall be substituted “In the case”, and

(b)

for “shall be a copy”there shall be substituted “one of the printed copies, or, as the case may be, the printed copy, of the document shall be”.

(4)

In subsection (4) of that section (which requires one copy of a deposited auditor’s report to be signed by the auditor) —

(a)

for “One of the copies”there shall be substituted “In the case”, and

(b)

for “shall be a copy”there shall be substituted “one of the printed copies, or, as the case may be, the printed copy, of the report shall be”.

(5)

In section 24(1) of that Act (which refers to copies deposited under section 22(1)) the word “five”is hereby repealed.