Paragraph 8A F1

United Kingdom

(1)

The Secretary of State may by regulations made by statutory instrument—

(a)

make provision for the purpose of securing, in relation to a company which at any time—

(i)

is an insurance company to which this Act applies, and

(ii)

does not have any business establishment or other fixed establishment in the United Kingdom,

that another person is the company’s levy representative at that time, and

(b)

make provision with respect to the functions of a person who is a company’s levy representative under paragraph (a) above.

(2)

Regulations under paragraph (b) of sub-paragraph (1) above may, in particular, impose on a person who is a company’s levy representative under paragraph (a) of that sub-paragraph obligations and liabilities relating to the company’s obligations and liabilities under this Schedule.

(3)

Regulations under this paragraph may contain such supplementary, incidental and consequential provisions as the Secretary of State thinks fit.

(4)

In sub-paragraph (2) above, references to obligations include obligations enforceable under the criminal law and references to liabilities include criminal penalties.

Annotations

Textual amendments

F1: Sch. 3 para. 8A inserted (prosp.) by 1997 c. 18, ss. 7(12), 23(3)

Notes on the whole Act

Textual amendments

F1

Act repealed (1.12.2001) by S.I. 2001/3649, arts. 1, 3(1)(a)

Act continued for certain purposes (subject to modifications) (1.12.2001) by S.I. 2001/2967, arts. 1(2), 9, 11, Sch. 1 Pt. I; S.I. 2001/3538, art. 1(2)

Notes on Schedule 3

Modifications

C1

Power to amend Sch. 3 conferred by Insurance Companies Act 1982 (c. 50, SIF 67), s. 67(4)

Sch. 3: functions made exercisable by, or by employees of, such person as may be authorised in that behalf by the Treasury (18.11.1998) by S.I. 1998/2842, art. 2, Sch. Pt. II para. 63(e)

Notes on Notices under paragraphs 4 and 6

Textual amendments

F1: Sch. 3 para. 8 inserted by Companies Act 1989 (c. 40, SIF 27), s. 210(5)