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The Transfer of Functions (Insurance) Order 1997

S.I. 1997/2781 · Made 26 November 1997 · Extends to United Kingdom

Up to date with all changes known to legislation.gov.uk, revised to 1 December 2001.

MINISTERS OF THE CROWN

Made 26th November 1997

Laid before Parliament 8th December 1997

Coming into force 5th January 1998

At the Court at Buckingham Palace, the 26th day of November 1997

Present,

The Queen’s Most Excellent Majesty in Council

Her Majesty, in pursuance of section 1 of the Ministers of the Crown Act 1975f1 and section 2(2) of the European Communities Act 1972f2, is pleased, by and with the advice of Her Privy Council, to order, and it is hereby ordered, as follows:

Annotations to the whole text

Footnotes

f1

1975 c. 26.

f2

1972 c. 68.

Contents

  1. 1Citation and commencement
  2. 2Transfer of functions to the Treasury
  3. 3Functions retained by the Secretary of State
  4. 4Functions to be exercisable by the Secretary of State and the Treasury concurrently
  5. 5Transfers of property, etc.
  6. 6Designation for purposes of European Communities Act 1972
  7. 7Supplementary
  8. 8Consequential amendments etc.
  9. Signature
  10. Schedule: MODIFICATION OF ENACTMENTS
  11. Part I: Insurance Companies Act 1982 (c. 50)
  12. 1Paragraph 1
  13. 2Paragraph 2
  14. 3Paragraph 3
  15. 4Paragraph 4
  16. 5Paragraph 5
  17. 6Paragraph 6
  18. 7Paragraph 7
  19. 8Paragraph 8
  20. 9Paragraph 9
  21. 10Paragraph 10
  22. 11Paragraph 11
  23. 12Paragraph 12
  24. 13Paragraph 13
  25. 14Paragraph 14
  26. 15Paragraph 15
  27. 16Paragraph 16
  28. 17Paragraph 17
  29. 18Paragraph 18
  30. 19Paragraph 19
  31. 20Paragraph 20
  32. 21Paragraph 21
  33. 22Paragraph 22
  34. 23Paragraph 23
  35. 24Paragraph 24
  36. 25Paragraph 25
  37. 26Paragraph 26
  38. 27Paragraph 27
  39. 28Paragraph 28
  40. 29Paragraph 29
  41. 30Paragraph 30
  42. 31Paragraph 31
  43. 32Paragraph 32
  44. 33Paragraph 33
  45. 34Paragraph 34
  46. 35Paragraph 35
  47. 36Paragraph 36
  48. 37Paragraph 37
  49. 38Paragraph 38
  50. 39Paragraph 39
  51. 40Paragraph 40
  52. 41Paragraph 41
  53. 42Paragraph 42
  54. 43Paragraph 43
  55. 44Paragraph 44
  56. 45Paragraph 45
  57. 46Paragraph 46
  58. 47Paragraph 47
  59. 48Paragraph 48
  60. 49Paragraph 49
  61. 50Paragraph 50
  62. 51Paragraph 51
  63. 52Paragraph 52
  64. 53Paragraph 53
  65. 54Paragraph 54
  66. 55Paragraph 55
  67. 56Paragraph 56
  68. 57Paragraph 57
  69. 58Paragraph 58
  70. 59Paragraph 59
  71. 60Paragraph 60
  72. 61Paragraph 61
  73. 62Paragraph 62
  74. 63Paragraph 63
  75. 64Paragraph 64
  76. 65Paragraph 65
  77. 66Paragraph 66
  78. 67Paragraph 67
  79. 68Paragraph 68
  80. 69Paragraph 69
  81. 70Paragraph 70
  82. 71Paragraph 71
  83. 72Paragraph 72
  84. 73Paragraph 73
  85. 74Paragraph 74
  86. 75Paragraph 75
  87. 76Paragraph 76
  88. 77Paragraph 77
  89. 78Paragraph 78
  90. 79Paragraph 79
  91. 80Paragraph 80
  92. 81Paragraph 81
  93. 82Paragraph 82
  94. 83Paragraph 83
  95. 84Paragraph 84
  96. 85Paragraph 85
  97. 86Paragraph 86
  98. 87Paragraph 87
  99. 88Paragraph 88
  100. 89Paragraph 89
  101. 90Paragraph 90
  102. 91Paragraph 91
  103. 92Paragraph 92
  104. 93Paragraph 93
  105. Part II: Other Enactments
  106. Lloyd’s Act 1871 (c.xxi)
  107. 94Paragraph 94
  108. Restriction of Advertisement (War Risks Insurance) Act 1939 (c. 120)
  109. 95Paragraph 95
  110. Insurance Companies Act 1958 (c. 72)
  111. 96Paragraph 96
  112. Companies Act 1967 (c. 81)
  113. 97Paragraph 97
  114. Policyholders Protection Act 1975 (c. 75)
  115. 98Paragraph 98
  116. 99Paragraph 99
  117. 100Paragraph 100
  118. 101Paragraph 101
  119. 102Paragraph 102
  120. 103Paragraph 103
  121. 104Paragraph 104
  122. 105Paragraph 105
  123. Insurance Brokers (Registration) Act 1977 (c. 46)
  124. 106Paragraph 106
  125. 107Paragraph 107
  126. 108Paragraph 108
  127. 109Paragraph 109
  128. 110Paragraph 110
  129. 111Paragraph 111
  130. Financial Services Act 1986 (c. 60)
  131. 112Paragraph 112
  132. Banking Act 1987 (c. 22)
  133. 113Paragraph 113
  134. Income and Corporation Taxes Act 1988 (c. 1)
  135. 114Paragraph 114 Repealed
  136. Road Traffic Act 1988 (c. 52)
  137. 115Paragraph 115
  138. Companies Act 1989 (c. 40)
  139. 116Paragraph 116
  140. Friendly Societies Act 1992 (c. 40)
  141. 117Paragraph 117
  142. 118Paragraph 118
  143. 119Paragraph 119
  144. Reinsurance (Acts of Terrorism) Act 1993 (c. 18)
  145. 120Paragraph 120
  146. 121Paragraph 121
  147. 122Paragraph 122
  148. 123Paragraph 123
  149. Finance Act 1994 (c. 9)
  150. 124Paragraph 124
  151. Pensions Act 1995 (c. 26)
  152. 125Paragraph 125
  153. Policyholders Protection Act 1997 (c. 18)
  154. 126Paragraph 126
  155. 127Paragraph 127
  156. 128Paragraph 128
  157. 129Paragraph 129
  158. 130Paragraph 130
  159. 131Paragraph 131
  160. 132Paragraph 132
  161. Explanatory note