# Industrial Assurance (Northern Ireland) Order 1979, Paragraph 7


Where a valuation discloses a deficiency, the 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.

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Source: https://www.legislation.gov.uk/nisi/1979/1574/schedule/5/paragraph/7 (the official version)
Page: https://openlegislation.uk/industrial-assurance-northern-ireland-order-1979/schedule-5/paragraph-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.