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Version status: In force | Document consolidation status: Updated to reflect all known changes
Version date: 19 October 1983 - onwards
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9. Amendment of section 3 of Act of 1964.

Section 3 of the Act of 1964 is hereby amended by-

(a) the insertion in subsection (1) after "the 1st day of January, 1963," of "and before the passing of the Insurance (No. 2) Act, 1983,",

(b) the insertion of the following subsection after subsection (1):

"(1A) Subject to the provisions of this section, there may, with the approval of the High Court, be paid out of the Fund to the liquidator of an insolvent insurer (including an insurer whose authorisation has been revoked by the Minister) the winding up of which has been commenced by the High Court after the passing of the Insurance (No. 2) Act, 1983-

(a) such amounts as may be necessary to pay any sum which is due to a person under a policy issued by the insurer in the State, together with the costs or expenses (if any) necessarily and reasonably incurred by the person in endeavouring to secure payment of the sum, and

(b) such amounts as may be necessary to pay any sum in respect of the refund of a premium,

and, upon receipt of the

Comparing proposed amendment...