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Life Assurance Companies (Payment Into Court) Act 1896

59 & 60 Vict. c. 8 · Enacted 21 May 1896 · Extends to England, Wales and Northern Ireland

Up to date with all changes known to legislation.gov.uk, revised to 1 October 2009.

An Act to enable Life Assurance Companies to pay Money into Court in certain Cases.

[21st May 1896]C1[21st May 1896]C2

Annotations to the whole text

Modifications

C1

Act: amendment to earlier affecting provision 1965 c. 2 (1.10.2009) by Constitutional Reform Act 2005 (c. 4), s. 148(1), Sch. 11 para. 4; S.I. 2009/1604, art. 2(d)

C2

Act: amendment to earlier affecting provision 1978 c. 23 (1.10.2009) by Constitutional Reform Act 2005 (c. 4), s. 148(1), Sch. 11 para. 6; S.I. 2009/1604, art. 2(d)

Contents

  1. 1Short title.
  2. 2Interpretation.
  3. 3Power to pay money into court.
  4. 4Receipt of officer sufficient discharge.
  5. 5Extent of Act.

1Short title.

This Act may be cited as the Life Assurance Companies (Payment into Court) Act 1896.

2Interpretation.

In this Act—

  • The expression “life assurance company” means any corporation, company, or society carrying on the business of life assurance, not being a society registered under the Acts relating to friendly societies;

  • The expression “life policy” includes any policy not foreign to the business of life assurance.

3Power to pay money into court.

Subject to F1rules of courtrules made under section 55 of the M1Judicature (Northern Ireland) Act 1978 any life assurance company may pay into the F2Supreme Court . . . F3, any moneys payable by them under a life policy in respect of which, in the opinion of their board of directors, no sufficient discharge can otherwise be obtained.

4Receipt of officer sufficient discharge.

The receipt or certificate of the proper officer shall be a sufficient discharge to the company for the moneys so paid into court, and such moneys shall, subject to F1rules of courtrules made under section 55 of the M1Judicature (Northern Ireland) Act 1978 be dealt with according to the orders of the F2High CourtSupreme Court . . . F3

5Extent of Act.

This Act does not extend to Scotland.