Northern Ireland Statutory Rule SI 2005/399 United Kingdom

The Insurers (Winding-Up) Rules (Northern Ireland) 2005

Status
In Force

What it defines

Regulations creating concrete business duties or carrying penalties, grouped as the instrument is structured. Titles link to the source text — blue means you’re leaving for legislation.gov.uk.

27 other provisions — procedural and definitional
s.art001 Citation, commencement and revocation
s.art002 Interpretation
s.art003 Application
s.art004 Appointment of liquidator
s.art005 Maintenance of separate financial records for long-term and other business in winding-up
s.art006 Valuation of general business policies
s.art007 Valuation of long-term policies
s.art008 (1) This Rule applies in relation to a company’s long-term...
s.art009 Attribution of liabilities to company’s long-term business
s.art010 Attribution of assets to company’s long-term business
s.art011 Excess of long-term business assets
s.art012 Actuarial advice
s.art013 Utilisation of excess of assets
s.art014 In the case of a company carrying on long-term business...
s.art015 Custody of assets
s.art016 Maintenance of accounting, valuation and other records
s.art017 Additional powers in relation to long-term business
s.art018 Accounts and audit
s.art019 Security by the liquidator and special manager
s.art020 Proof of debts
s.art021 Failure to pay premiums
s.art022 Notice of valuation of policy
s.art023 Dividends to creditors
s.art024 Meetings of creditors
s.art025 Remuneration of liquidator carrying on long-term business
s.art026 Apportionment of costs payable out of the assets
s.art027 Notice of stop order
Schedules

Schedules

0 of 17 shown
17 other schedules
s.sch001 (1) This paragraph applies in relation to periodic payments under...
s.sch001 (1) This paragraph applies in relation to liabilities under a...
s.sch001 (1) This paragraph applies in relation to liabilities under a...
s.sch002 General
s.sch002 Present value of the ordinary benefits
s.sch002 Present value of additional benefits
s.sch002 Present value of options
s.sch002 Present value of premiums
s.sch002 Value of the policy
s.sch003 (1) Subject to sub-paragraph (2) the value of the policy...
s.sch003 (1) Where the linked liabilities are expressed in terms of...
s.sch003 (1) This paragraph applies where— (a) paragraph 2(2)(a) applies and...
s.sch003 Where the linked liabilities are not expressed in terms of...
s.sch003 (1) The value of any liabilities other than linked liabilities...
s.sch005 Subject to paragraphs 2 and 3, in valuing a policy...
s.sch005 (1) This paragraph applies where the policy holder has a...
s.sch005 (1) This paragraph applies in the case of a linked...

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