Section 23 Right of shareholders and policy holders to receive copies of deposited documents.C1
United Kingdom
Subject to subsection (2) below, an insurance company shall forward by post or otherwise to any shareholder or policy holder who applies for one—
a printed copy of any of the documents last deposited by the company under subsection (1) F1. . . of section 22 above;
a copy of any document supplied to the F2Treasury under subsection (5) of that section which relates to any of those documents;
a copy of any report deposited with any of those documents under subsection (6) of that section.
If, in the opinion of the Treasury, the disclosure of information contained in—
a statement or report annexed to a document prepared in pursuance of section 17(1) above by an insurance company; or
a statement prepared in pursuance of section 20 above by such a company,
would be harmful to the business of the company or of any of its subsidiaries, the Treasury may dispense the company from complying with the obligation imposed by subsection (1) above to forward a copy of the document containing the information to a shareholder or policy holder who applies for it.
Annotations
Textual amendments
- F1
Words in s. 23(1)(a) repealed (23.12.1996) by S.I. 1996/2101, art. 4(4)
- F2
Words in s. 23 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 14 (with art. 7)
Modifications
- C1
S. 23: power to contract out functions conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para. 15
Notes on the whole Act
Textual amendments
- F1
Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(b)
Notes on Part II
Modifications
- C1
Pt. II (ss. 15-71) restricted (1.1.1993) by S.I. 1992/3218, reg65
Pt. II (ss. 15-71) extended (24.12.1996) by S.I. 1996/3011, reg. 3(1)(b), 10(1)