51A
CurrentWinding up of medical indemnity insurer
Part 2AUniversal cover obligation
Division 1Introduction
51A Winding up of medical indemnity insurer
This Part has effect subject to section 116 of the Insurance Act 1973.
Note:
Under that section, a general insurer must not carry on insurance business after it starts to be wound up. A general insurer will not contravene this Part by refusing to enter into an insurance contract if the winding up of the insurer has started.
This Act’s bill:Explanatory memorandumSecond reading speech
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