Western Australian Repealed Acts

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This legislation has been repealed.

LIFE ASSURANCE COMPANIES ACT 1889


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


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