{
  "url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed/section-3",
  "json_url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed/section-3.json",
  "legislation": "ukpga/1975/75",
  "legislation_title": "Policyholders Protection Act 1975 (repealed)",
  "legislation_url": "https://openlegislation.uk/policyholders-protection-act-1975-repealed",
  "path": "section/3",
  "kind": "section",
  "number": "3",
  "heading": "Authorised insurance companies.",
  "text": "(1) The functions of the Board under this Act shall be exercisable in relation to policyholders and others who have been or may be prejudiced in consequence of the inability of insurance companies to meet their liabilities under policies issued or securities given by them only in cases where the insurance companies in question are authorised insurance companies.\n(2) An insurance company is an authorised insurance company for the purposes of this Act if it is authorised under section 3 or 4 of the Insurance Companies Act1982. . .\n(b) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .\nto carry on insurance business of any class in the United Kingdom",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Words substituted by Insurance Companies Act 1981 (c. 31, SIF 67), s. 36, Sch. 4 Pt. II para. 25(2)"
    },
    {
      "type": "F",
      "label": "F2",
      "text": "Word substituted by Insurance Companies Act 1982 (c. 50, SIF 67), s.99(2), Sch. 5 para. 16(a)"
    },
    {
      "type": "F",
      "label": "F3",
      "text": "Word “or” immediately preceding para. (b) and para. (b) repealed by Insurance Companies Act 1980 (c. 25, SIF 67), s. 4(3), Sch. 5"
    },
    {
      "type": "F",
      "label": "F4",
      "text": "Words substituted by Insurance Companies Act 1980 (c. 25, SIF 67), s 4(1), Sch. 3 para. 9"
    },
    {
      "type": "C",
      "label": "C1",
      "text": "S. 3(2) extended (1.7.1994) by S.I. 1994/1696, reg. 68, Sch. 8 Pt. I para. 5(1)"
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/ukpga/1975/75/section/3",
    "retrieved_at": "2026-10-29T10:35:29.949042+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}