Paragraph 7
Where a valuation discloses a deficiency, theF1 Commission may, if, after investigation, it is satisfied that the. . . industrial assurance company should cease to carry on industrial assurance business,—
Sub‐para. (a) rep. by 1992 c. 40
(b)
in the case of an industrial assurance company, present a petition to the High Court for the winding-up of the company.
Annotations
Textual amendments
- F1
Notes on the whole Order
Textual amendments
- F1
rep. by 2000 c. 8, certain provns saved by SI 2001/3647