Western Australian Repealed Acts

This legislation has been repealed.

LIFE ASSURANCE COMPANIES ACT 1889

TABLE OF PROVISIONS

           Preamble
           Long Title

   PART I -- Preliminary  

   2.      Short title  
   3.      Interpretation  

   PART II -- Provisions for security of assured  

   4.      Companies to deposit securities with Treasurer  
   5.      Time for making deposits  
   6.      Further deposits to be made out of receipts  
   7.      Provision in case of loss of securities  
   8.      Further deposits may be made  
   9.      Income and withdrawal of deposits  
   10.     Securities deposited to be charged with liabilities in Western Australia  
   11.     Discharge of Western Australian liabilities of foreign companies  
   12.     Mode of distribution of assets of insolvent foreign company  
   13.     Penalty for infringement of Act  
   14.     Separation of life assurance and other business  
   15.     Application of preceding section to existing companies  
   16.     Accounts to be rendered by life assurance companies  
   17.     Accounts to be rendered by companies carrying on life assurance and other business  
   18.     Accounts to be rendered by foreign companies  
   19.     Actuarial report and abstract  
   20.     Statement of life annuity business  
   21.     Forms authorized by Imperial Statute, Life Assurance Companies Act 1870 may be used in certain cases  
   22.     Forms may be altered  
   22A.    Governor may authorize use of abridged forms during certain periods  
   23.     Statement, etc., to be signed and printed and deposited with Registrar  
   24.     Copies to be furnished  
   25.     Agent to be appointed for foreign companies  
   26.     Copy of writing to be filed in officer of Registrar  
   27.     Agency to continue as long as any liability outstanding in the Colony  
   28.     Service of process, etc., on agent sufficient  
   29.     Penalty for non-compliance  
   30.     When contracts valid  
   31.     Companies may be prohibited from transacting business in certain cases  
   32.     Prohibition to be published in Government Gazette  
   33.     Interest of assured protected in certain cases  
   34.     Former payments to discharge liability  
   35.     Industrial life assurance policies not to be avoided immediately on account of non-payment of premiums  
   36.     When policy holder becomes entitled to a paid-up policy  
   37.     Circumstances in which paid-up policies to be granted  
   38.     When policy holders entitled to surrender policies and receive surrender value therefor.  
   39.     Saving of certain rights of certain policy holders  
   40.     Application of Act  
   41.     Notification to be printed on industrial life assurance policy and industrial premium receipt book  

   PART III -- Application of Companies Act, procedure and miscellaneous  

   42.     Application of Companies Act to life assurance companies  
   43.     List of shareholders  
   44.     Deed of settlement to be printed  
   45.     Amalgamation
           or transfer  
   46.     Procedure  
   47.     Conditions  
   48.     Confirmation  
   49.     Statements in case of amalgamation or transfer  
   50.     Regulation as to notations by policy-holders  
   51.     Inspection of deposited documents  
   52.     Documents to be received in evidence  
   53.     Penalty for non-compliance with Act  
   54.     Penalty for falsifying statements  
   55.     Surrender value to be declared  
   56.     Recovery and application of penalties  
   57.     Winding-up of company  
   58.     Security for costs  
   59.     Proprietary company  
   60.     Winding-up of subsidiary company  
   61.     Contracts of insolvent company may be reduced  
   62.     Provision in case of subsidiary company not being in process of winding-up  
   63.     Application for winding-up subsidiary company  
   64.     Grouping of companies  
   65.     Valuation of policies  
   66.     Notice of valuation to be given  
   67.     Notices to policy-holders  
   68.     Statements to be laid before Legislative Council  
   69.     Bonds, guarantees, or other securities not to be required from employees of company  
   70.     Probate or administration may be dispensed with in certain cases  
   71.     Receipts of executors or administrators valid discharges  
   72.     Assignment of policies  
   73.     Notice and registration  
   74.     No notice of mortgage or trusts  
   75.     Duties of Treasurer  
   76.     Registration in case policy lost  
   77.     Lost policy  
   78.     Policies on Western Australian register subject to laws of colony  
   79.     Transfers  
   80.     Transfers  
   81.     Operation of two preceding sections  
   82.     Regulations  
           FIRST SCHEDULE
           SECOND SCHEDULE
           THIRD SCHEDULE
           FOURTH SCHEDULE
           FIFTH SCHEDULE
           SIXTH SCHEDULE
           SEVENTH SCHEDULE
           EIGHTH SCHEDULE
           NINTH SCHEDULE
           TENTH SCHEDULE
           Compilation table