Statutory Instrument 1995 No. 2906

The Insurance Brokers (Registration) Act 1977 (Amendment) Order 1995

---

© Crown Copyright 1995

Statutory Instruments printed from this website are printed under the superintendence and authority of the Controller of HMSO being the Queen's Printer of Acts of Parliament.

The legislation contained on this web site is subject to Crown Copyright protection. It may be reproduced free of charge provided that it is reproduced accurately and that the source and copyright status of the material is made evident to users.

It should be noted that the right to reproduce the text of Statutory Instruments does not extend to the Queen's Printer imprints which should be removed from any copies of the Statutory Instrument which are issued or made available to the public. This includes reproduction of the Statutory Instrument on the Internet and on intranet sites. The Royal Arms may be reproduced only where they are an integral part of the original document.

The text of this Internet version of the Statutory Instrument which is published by the Queen's Printer of Acts of Parliament has been prepared to reflect the text as it was Made. A print version is also available and is published by The Stationery Office Limited as the The Insurance Brokers (Registration) Act 1977 (Amendment) Order 1995, ISBN 0110536274. The print version may be purchased by clicking here. Braille copies of this Statutory Instrument can also be purchased at the same price as the print edition by contacting TSO Customer Services on 0870 600 5522 or e-mail:customer.services@tso.co.uk.

Further information about the publication of legislation on this website can be found by referring to the Frequently Asked Questions.

To ensure fast access over slow connections, large documents have been segmented into "chunks". Where you see a "continue" button at the bottom of the page of text, this indicates that there is another chunk of text available.

1995 No. 2906

INSURANCE

The Insurance Brokers (Registration) Act 1977 (Amendment) Order 1995

Whereas a draft of this Order has been approved by resolution of each House of Parliament pursuant to section 28(3) of the Insurance Brokers (Registration) Act 1977^[1].

Now, therefore, the Secretary of State in exercise of the powers conferred upon him by sections 3(4) and 28(3) of the said Act, and of all other powers enabling him in that behalf, after consulting the Insurance Brokers Registration Council, hereby makes the following Order:—

Citation and commencement
    1.—(1)  This Order may be cited as the Insurance Brokers (Registration) Act 1977 (Amendment) Order 1995 and shall come into force on 1st January 1997.

    (2)  In this Order "the 1977 Act" means the Insurance Brokers (Registration) Act 1977.

Qualifications for registration
    2.—(1)  Section 3 of the 1977 Act (qualifications for registration) is amended as follows.

    (2)  In paragraph (c) of subsection (1), for the words from "carried on business"to the end, substitute
"pursued in an EEA State, within the meaning of section 96(1) of the Insurance Companies Act 1982,^[2] other than the United Kingdom, any of the activities set out in Article 2(2)(a) of Council Directive 77/92/EEC of 13 December 1976^[3] (which relates to insurance agents and brokers) for a period which—
(i) meets the requirements set out in paragraph (a), (b) or (c) of Article 4 of that Directive, and

(ii) did not end more than ten years before the date on which the application is made."



    (3)  Omit paragraphs (d) to (h) of subsection (1).

    (4)  In paragraph (b) of subsection (2), for the words "within paragraph (a), (b), (e) or (f)" substitute "within paragraph (a) or (b)".

Jonathan Evans

Parliamentary Under-Secretary of State, Department of Trade and Industry

8th November 1995

This Order amends section 3 of the Insurance Brokers (Registration) Act 1977 by deleting as qualifications for registration those set out in paragraphs (d) to (h) of sub-section (l) and amending qualifications for registration set out in paragraph (c). Consequential amendments are made to sub-section (2).

A Compliance Cost Assessment has been placed in the libraries of both Houses of Parliament. Copies are also available from DTI, 5.H.26, 1 Victoria Street, London SW1H 0ET.

[1] 1977 c. 46. back

[2] 1982 c. 50. The definition of EEA State was inserted in section 96(1) by S.I. 1994/1696, reg 50(1)(g). back

[3] O.J. L26. 31.1.1977. p. 14. back