This legislation has been repealed.
TABLE OF PROVISIONS Long Title Preamble 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