Section 26 Statements of transactions of prescribed class or description.C1
United Kingdom
Classes or descriptions of agreements or arrangements appearing to the F1Treasury as likely to be undesirable in the interests of policy holders may be prescribed for the purposes of this section, and every insurance company to which this Part of this Act applies or subordinate company within the meaning of section 31 below of any such company which enters into an agreement or arrangement of a class or description so prescribed shall, within such period as may be prescribed, furnish the Treasury with a statement containing such particulars of that agreement or arrangement as may be prescribed.
Different classes or descriptions of agreements or arrangements may be prescribed for the purposes of this section in relation to companies of different classes or descriptions.
Annotations
Textual amendments
- F1
Word in s. 26 substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 16(a) (with art. 7)
- F2
Word in s. 26(3) substituted (5.1.1998) by S.I. 1997/2781, art. 8, Sch. Pt. I para. 16(b)(i) (with art. 7)
- F3
Words in s. 26(3) substituted (5.1.1998) by S.I. 1997/2871, art. 8, Sch. Pt. I para.16(b)(ii) (with art. 7)
Modifications
- C1
s. 26: power to contract out certain functions conferred (18.11.1998) by S.I. 1998/2842, arts. 2, 3, Sch. Pt. I para.18
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Act repealed (1.12.2001) by The Financial Services and Markets Act 2000 (Consequential Amendments and Repeals) Order 2001 (S.I. 2001/3649), arts. 1, 3(1)(b)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)