UK Statutory Instrument SI 1987/1496 United Kingdom

The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme) Rules Approval Order 1987

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Status
In Force
Penalty ceiling
Regulated

Does it bind you?

Business-side roles with duties under this instrument.

Any Person1

Other Acts binding the same actors

If a role above is yours, these are the other instruments that most often bind it.

Any Person — also bound by 2340 other Acts

What it requires

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.

sch. para. 3 (1) Practising insurance brokers and enrolled bodies corporate shall, in... Regulated
  • Take out and maintain professional indemnity insuranceAny Person
21 other provisions — procedural and definitional
sch. para. 12 (1) (i) Enrolled bodies corporate which are related companies for...
sch. para. 13 (1) On imposing a levy under the provisions of these...
sch. para. 16 The Council shall have power from time to time and...
sch. para. 18 (1) In the event that a practising insurance broker or...
sch. para. 19 A practising insurance broker or enrolled body corporate shall be...
sch. para. 4 (1) For the purposes of demonstrating to the satisfaction of...
sch. para. 5 The Council shall have powers, from time to time and...
s.001 (1) These Rules may be cited as the Insurance Brokers... (opens in a new tab)
s.002 (1) In these Rules, unless the context otherwise requires: “the... (opens in a new tab)
s.006 There shall be a scheme to be known as “the... (opens in a new tab)
s.007 (1) The persons who shall be entitled to apply to... (opens in a new tab)
s.008 Subject to the provisions of rule 6 and notwithstanding the... (opens in a new tab)
s.009 (1) The Council may from time to time, subject to... (opens in a new tab)
s.010 (1) A levy to be imposed by the Council in... (opens in a new tab)
s.011 (1) The Council shall not be entitled to levy in... (opens in a new tab)
s.014 (1) (i) Every applicant shall complete, sign and deliver to... (opens in a new tab)
s.015 (1) The Council may invest in securities in which trustees... (opens in a new tab)
s.017 The Council may effect a policy or policies of insurance... (opens in a new tab)
s.art001 This Order may be cited as the Insurance Brokers Registration...
s.art002 The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme)...
s.art003 The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme)...

Duty extraction and severity labels are Guvnor’s analysis of the instrument, not the instrument itself. Always verify against the linked source text.