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Section 23 Notice before forfeiture for default in paying industrial assurance premium.F1C1

England, Wales and Scotland

A forfeiture shall not be incurred by any member or person assured in a collecting society or industrial assurance company by reason of any default in paying any premium under a contract, the effecting of which constituted the carrying on of industrial assurance business, until after—

(a)

notice stating the amount due from him, and informing him that in case of default of payment by him within 28 days and at a place to be specified in the notice his interest or benefit will be forfeited, has been served upon him by or on behalf of the society or company; and

(b)

default has been made by him in paying any premium in accordance with that notice.

Annotations

Textual amendments

F1

S. 23 substituted (E.W.S.) (1.1.1994) by Friendly Societies Act 1992 (c. 40), s. 100 (with ss. 7(5), 93(4)), Sch. 19 Pt. I para.7; S.I. 1993/2213, art. 2(1), Sch.6

Modifications

C1

S. 23 amended by Reserve and Auxiliary Forces (Protection of Civil Interests) Act 1951 (c. 65), s. 57(2)

S. 23(1) expressed to be modified by S.I. 1977/1144, Sch. 3 para. 1 and by 1980/1948, Sch. para. 1

Notes on the whole Act

Textual amendments

F1

Act repealed (1.12.2001) by 2000 c. 8, ss. 416(1)(a), 432(3), Sch. 22; S.I. 2001/3538, art. 2(1) (with savings in S.I. 2001/3647, arts. 3(1)(3), 6, Sch. 1 Pts. I, III as amended (3.7.2002) by S.I. 2002/1555, art. 2)