Article 23 Punishment for destroying etc documents of an authorised insurance companyI1

Section 450 of the 1985 Act (punishment for destroying, mutilating etc company documents) is amended as follows.

In subsection (1)^f1 the words “, or of an insurance company to which Part II of the Insurance Companies Act 1985 applies,” are repealed.

After that subsection insert—

“(1A)

Subsection (1) applies to an officer of an authorised insurance company which is not a body corporate as it applies to an officer of a company.”.