{
  "url": "https://openlegislation.uk/industrial-assurance-northern-ireland-order-1979/article-17",
  "json_url": "https://openlegislation.uk/industrial-assurance-northern-ireland-order-1979/article-17.json",
  "legislation": "nisi/1979/1574",
  "legislation_title": "Industrial Assurance (Northern Ireland) Order 1979",
  "legislation_url": "https://openlegislation.uk/industrial-assurance-northern-ireland-order-1979",
  "path": "article/17",
  "kind": "article",
  "number": "17",
  "heading": "Prohibition of charges on industrial assurance fund",
  "text": "(1) Subject to paragraph (2), an industrial assurance company shall not issue any debentures or debenture stock, or raise any loan, charged or purporting to be charged on any assets of the company in which the industrial assurance fund is invested, and any such charge shall be void.\n(2) Paragraph (1) does not apply to a temporary bank overdraft.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/nisi/1979/1574/article/17",
    "retrieved_at": "2026-10-29T04:52:45.581277+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}