Section 34 Restriction on employment of persons to procure new business.C1

England, Wales and Scotland

(1)

A collecting society or industrial assurance company shall not, nor shall any person employed by such a society or company, employ any person not being a person in the regular employment of the society or company to procure or endeavour to procure any person to enter into a contract of industrial assurance, and no person not regularly in the employment of such a society or company shall procure or endeavour to procure any person to enter into such a contract.

(2)

For the purposes of this section, references to regular employment shall include regular part-time as well as regular whole-time employment.

Annotations

Modifications

C1: Ss. 20(4), 34 amended by Financial Services Act 1986 (c. 60, SIF 69), s. 139(2)

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F1: Act repealed (1.12.2001) by 2000 c. 8, ss. 416(1)(a), 432(3), Sch. 22; S.I. 2001/3538, art. 2(1) (with savings in S.I. 2001/3647, arts. 3(1)(3), 6, Sch. 1 Pts.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)