Paragraph 12 C1
United Kingdom
In regulation 2 of the Insurance Companies (Valuation of Assets) Regulations 1976 —
in the definition of “approved financial institution”—
in sub-paragraph (c) for the words “Trustee Savings Bank Act 1969” there shall be substituted the words “Trustee Savings Banks Act 1976” ;
in sub-paragraph (d) at the end there shall be added the words “or paragraph 23 of the Sixth Schedule to the Companies Act (Northern Ireland) 1960” ;
in the definition of “equity share capital” from the words from “has” to “1948” there shall be substituted the words “, in relation to a company, means its issued share capital excluding any part thereof which, neither as respects dividends nor as respects capital, carries any right to participate beyond a specified amount in a distribution” ;
in the definition of “holding company” at the end there shall be added the words “or section 148 of the Companies Act (Northern Ireland) 1960”;
in the definition of “quoted”—
in sub-paragraph (a) at the end there shall be added the words “or the Companies Act (Northern Ireland) 1960”;
in sub-paragraphs (b) and (c) for the words “Great Britain” there shall be substituted the words “the United Kingdom”.
Annotations
Modifications
- C1
The text of s. 4(1), Sch. 2 Pt. II paras. 8–14, 16, and Schs. 5 and 6 is in the form in which it was originally enacted: it was not reproduced in Statutes in Force and does not reflect any amendments or repeals which may have been made prior to 1.2.1991.
Notes on Schedule 2
Textual amendments
- F1
Sch. 2 repealed (5.11.1993) by 1993 c. 50, s. 1(1), Sch. 1 Pt.V
Notes on The Insurance Companies (Valuation of Assets) Regulations 1976
Marginal citations
- M1