# Insurance Brokers (Registration) Act 1977 (repealed), Section 3: Qualifications for registration.

Extent: E+W+S+N.I.

(1) Subject to subsection (2) below and to section 16 of this Act, a person shall be entitled to be registered in the register if he satisfies the Council—
(a) that he holds a qualification approved by the Council under section 6 of this Act, being a qualification granted to him after receiving instruction from an institution so approved; or
(b) that he holds a qualification recognised by the Council for the purposes of this paragraph, being a qualification granted outside the United Kingdom; or
(c) that he has pursued in an EEA State, within the meaning of section 96(1) of the Insurance Companies Act 1982, other than the United Kingdom, any of the activities set out in Article 2(2)(a) of Council Directive 77/92/EEC of 13 December 1976 (which relates to insurance agents and brokers) for a period which—
(i) meets the requirements set out in paragraph (a), (b) or (c) of Article 4 of that Directive, and
(ii) did not end more than ten years before the date on which the application is made.
(d) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(e) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(f) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(g) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(h) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
(2) A person shall not be entitled to be registered in the register by virtue of subsection (1) above unless he also satisfies the Council—
(a) as to his character and suitability to be a registered insurance broker; and
(b) in a case falling within paragraph (a) or (b) of subsection (1) above, that he has had adequate practical experience in the work of an insurance broker; and
(c) if he is carrying on business as an insurance broker at the time when the application is made, that he is complying with the requirements of rules under section 11(1) of this Act.
(3) Subject to section 16 of this Act, a person shall be entitled to be registered in the register if he satisfies the Council that he or a partnership of which he is a member is accepted as a Lloyd’s broker by the Committee of Lloyd’s.
(4) The Treasury may, after consulting the Council, by order provide that any of the paragraphs in subsection (1) or (2) above shall be omitted or shall have effect subject to such amendments as may be specified in the order.

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Source: https://www.legislation.gov.uk/ukpga/1977/46/section/3 (the official version)
Page: https://openlegislation.uk/insurance-brokers-registration-act-1977-repealed/section-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

