{
  "url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/regulation-31",
  "json_url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996/regulation-31.json",
  "legislation": "uksi/1996/943",
  "legislation_title": "The Insurance Companies (Accounts and Statements) Regulations 1996",
  "legislation_url": "https://openlegislation.uk/insurance-companies-accounts-and-statements-regulations-1996",
  "path": "regulation/31",
  "kind": "regulation",
  "number": "31",
  "heading": "Information on appointed actuary",
  "text": "(1) Subject to the provisions of this regulation, there shall be annexed to the documents referred to in regulations 6, 7 and 8 above, as respects every person who, at any time during the financial year in question, was the appointed actuary to the company, a statement of the following information—\n(a) particulars of any shares in, or debentures of, the company in which the actuary was interested at any time during that year;\n(b) particulars of any pecuniary interest of the actuary in any transaction between the actuary and the company and subsisting at any time during that year or, in the case of transactions of a minor character, a general description of such interests;\n(c) the aggregate amount of—\n(i) any remuneration and the value of any other benefits (other than a pension or other future or contingent benefit) under any contract of service of the actuary with, or contract for services by the actuary to, the company; and\n(ii) any emoluments, pensions or compensation as director of the company which are required by Part I of Schedule 6 to the 1985 Act or Part I of Schedule 6 to the 1986 Order to be included in a note to the accounts of the company under section 232 of the 1985 Act and Article 239 of the 1986 Order,\nreceivable by the actuary in respect of any period in that year; and\n(b) a general description of any other pecuniary benefit (including any pension and other future or contingent benefit) received by the actuary from the company in that year or receivable by him from the company,\ntogether with the statement specified in paragraph (2) below.\n(2) The statement last referred to in paragraph (1) above is a statement that the company has made a request to the actuary to furnish to it the particulars specified in that paragraph and identifying any particulars furnished pursuant to that request.\n(3) For the purposes of sub-paragraphs (a) to (d) of paragraph (1) above—\n(a) references to the actuary include reference to—\n(i) the spouse and any minor child (including step-child) of the actuary;\n(ii) any person who is a partner of the actuary;\n(iii) any person (other than the company) of which the actuary is an employee; and\n(iv) any person (other than the company) of which the actuary is a director or which is controlled by him;\n(b) a person shall be deemed to be interested in shares or debentures of a body corporate if he is interested in them according to the rules set out in Part I of Schedule 13 to the 1985 Act with the addition, in paragraph 11 of that Part of that Schedule, of a reference to a scheme under section 25 of the Charities Act (Northern Ireland) 1964; and\n(c) a person shall be deemed to have any interest or benefit if he has a beneficial interest in it.\n(4) For the purposes of sub-paragraphs (a) to (d) of paragraph (1) above and of paragraph (3)(a) above, references to a company include references to any body corporate which is the company’s subsidiary undertaking or parent undertaking and to any other subsidiary undertaking of its parent undertaking.\n(5) For the purposes of paragraph (3) above, a person shall be taken to control a body corporate if he is a person—\n(a) in accordance with whose directions or instructions the directors of that body corporate or of a body corporate of which it is a subsidiary are accustomed to act; or\n(b) who, either alone or with any other person falling within sub-paragraph (a) of that paragraph, is entitled to exercise, or control the exercise of, 15 per cent. or more of the voting power at any general meeting of the body corporate or of a body corporate of which it is a subsidiary.",
  "extent": null,
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "footnote",
      "label": "f1",
      "text": "Part I of Schedule 6 was inserted by the Companies Act 1989, section 6(4) and Schedule 4."
    },
    {
      "type": "footnote",
      "label": "f2",
      "text": "Part I of Schedule 6 was inserted by the Companies (Northern Ireland) Order 1990, article 8(4) and Schedule 4."
    },
    {
      "type": "footnote",
      "label": "f3",
      "text": "Section 232 was substituted by the Companies Act 1989, section 6(3)."
    },
    {
      "type": "footnote",
      "label": "f4",
      "text": "Article 239 was substituted by the Companies (Northern Ireland) Order 1990, article 8(1)."
    },
    {
      "type": "footnote",
      "label": "f5",
      "text": "Part I of Schedule 13 has been amended by the Financial Services Act 1986 (1986 c. 60), section 212(2) and Schedule 16, para. 25; the Charities Act 1992 (1992 c. 41), section 78(1) and Schedule 6, para. 11(b) and the Charities Act 1993 (1993 c. 10), section 98(1) and Schedule 6, para. 20(1) and (3)."
    },
    {
      "type": "footnote",
      "label": "f6",
      "text": "1964 c. 33 (N.I.)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/uksi/1996/943/regulation/31",
    "retrieved_at": "2026-10-29T12:46:26.922464+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."
}