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Industrial Assurance Act 1923 (repealed )

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  1. Introductory Text

  2. Industrial Assurance Business

    1. 1. Industrial assurance business.

    2. 2. Industrial Assurance Commissioner.

    3. 3. Purposes for which policies may be issued.

    4. 4. Assurances on children’s lives.

    5. 5. Prohibition on issue of illegal policies.

  3. Special Provisions as to Collecting Societies

    1. 6. Name of collecting societies.

    2. 7. Deposits by collecting societies.

    3. 8. Provisions to be contained in rules.

    4. 9. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    5. 10. Exemptions, total and partial.

    6. 11. Special provision as to juvenile societies.

  4. Special Provisions as to Industrial Assurance Companies

    1. 12. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    2. 13. Prohibition of charges on industrial assurance fund.

    3. 14. Act to have effect notwithstanding memorandum, articles or special Act.

  5. Accounts, Returns, Inspection, Valuations, Meetings

    1. 15. Balance sheets and audit.

    2. 16. Annual accounts and returns.

    3. 17. Inspection.

    4. 18. Provisions as to valuations.

    5. 19. General meetings.

  6. Rights of Owners of Policies

    1. 20. Provisions as to proposals for policies.

    2. 21. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    3. 22. Return of policies and premium receipt books after inspection.

    4. 23. Notice before forfeiture for default in paying industrial assurance premium.

    5. 24. Provisions as to forfeited policies.

    6. 25. Substitution of policies.

    7. 26. Transfers from one society or company to another.

    8. 27. Payment of claims.

    9. 28. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

    10. 29. Value of policies.

    11. 30.(1) . . . . . . . . ....

    12. 31. Saving for certain policies issued before 3rd Dec. 1909.

  7. Disputes

    1. 32. Disputes.

  8. Provisions as to Collectors, &c.

    1. 33. Disabilities of collectors, &c.

    2. 34. Restriction on employment of persons to procure new business.

    3. 35. Notification of appointments of secretary and members of committee of management.

  9. Amalgamations, Transfers and Conversions

    1. 36. Transfer of engagements of collecting societies.

    2. 37. Transfer of business from company to society.

    3. 38. Conversion of collecting society into company.

  10. Offences, Notices, &c.

    1. 39. Offences.

    2. 40. Penalties for falsification.

    3. 41. Notices.

    4. 42. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

  11. General

    1. 43. Regulations.

    2. 44. Reports of Commissioner.

    3. 45. Interpretation.

    4. 46. Short title, extent, commencement, and repeal.

  12. SCHEDULES

    1. FIRST SCHEDULE

    2. SECOND SCHEDULE

      1. . . . . . . . . . ....

    3. THIRD SCHEDULE

      1. . . . . . . . . . ....

    4. FOURTH SCHEDULE

      Rules for Valuing Policies

      1. 1.The value of the policy is to be the difference...

      2. 2.The net premium is to be such premium as according...

      3. 1.Interest is to be assumed at the rate of four...

      4. 2.The rate of mortality is to be assumed according to...

      5. 3.The age of the person whose life is assured shall...

      6. 4.In the case of a policy issued for a term...

    5. FIFTH SCHEDULE

      1. . . . . . . . . . ....

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