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  1. Insurance Act, 1936 (No. 45)
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Version status: In force | Document consolidation status: Updated to reflect all known changes
Published date: 14 August 1936

Insurance Act, 1936 (No. 45)

Consolidation Status: Updated to reflect all known changes
Comparing proposed amendment...
Introductory Text
Acts Referred to
Part I Preliminary and General (ss. 1-7)
In force
 1. Short title and citation.
In force
 2. Commencement of this Act.
In force
⚠ 3. Definitions.
In force
 4. Expenses incurred in administering this Act.
In force
 5. Regulations.
In force
 6. Restriction on operation of this Act.
Repealed
 7. Repeals.
Part II Assurance Licences (ss. 8-27)
Repealed
 8. Prohibition of unlicensed assurance business.
Repealed
 9. Prohibition of insuring with unlicensed insurer.
Repealed
 10. Transactions deemed to be assurance business in Saorstát Eireann.
Repealed
 11. Applications for assurance licences.
Repealed
 12. Grant of assurance licences.
Repealed
 13. Special provisions in relation to certain foreign companies.
Repealed
 14. Special provisions in relation to syndicates.
Repealed
 15. Restrictions on grant of assurance licences.
Repealed
 16. Appeal against refusal of application for assurance licence.
Repealed
 17. Form, etc., of assurance licence.
In force
 18. Transfer of assurance licences.
Repealed
 19. Forfeiture of assurance licence.
In force
 20. Revocation, etc., of assurance licences.
In force
 21. Register of licences.
In force
 22. Obligation of assurance companies to deposit moneys with Accountant of Courts of Justice.
In force
 23. Obligation of the Committee of Lloyd's to make deposits.
In force
 24. Transfer of existing deposits under the Act of 1909.
In force
 25. Payment of judgment debts out of deposits.
In force
 26. Release of deposits.
In force
 27. Release of deposits made by the Committee of Lloyd's.
Part III Amalgamation and Transfer of Certain Assurance Businesses (ss. 28-43)
Repealed
 28. Submission to Minister of scheme for amalgamation of assurance companies.
Repealed
 29. Investigation of amalgamation scheme by the Minister.
Repealed
 30. Approval of scheme by the Minister.
Repealed
 31. Confirmation and sanction of amalgamation scheme by the High Court.
Repealed
 32. Effect of confirmation and sanction of amalgamation scheme.
Repealed
 33. Rights of amalgamated company for purposes of Part II.
Repealed
 34. Restriction on application of section 13 of the Act of 1909.
Repealed
 35. Restriction on issue of share capital by an amalgamated company.
Repealed
 36. Underwriting of and subscription for shares of amalgamated companies by Minister for Finance.
Repealed
 37. Issue of moneys from the Central Fund.
Repealed
 38. Disposal of dividends, etc., received by the Minister for Finance.
Repealed
 39. Exercise by the Minister for Finance of powers of shareholder.
Repealed
 40. Power of Minister for Finance to hold and sell shares.
Repealed
 41. Consultation by Minister for Finance with Minister.
Repealed
 42. Alteration of memorandum and articles of association of amalgamated company.
Repealed
 43. Obligation of amalgamated company to furnish balance sheets, etc.
Part IV Winding up and Inspection of Insolvent Assurance Companies (ss. 44-47)
In force
 44. Definition of insolvency.
In force
 45. Power of Minister to petition for winding up of assurance company.
In force
 46. Powers in cases of assurance companies of doubtful solvency.
In force
 47. Evidence of inability to pay debts.
Part V Industrial Assurance Business (ss. 48-76)
In force
 48. Definitions in this Part.
In force
 49. Application of this Part of this Act in certain cases.
In force
 50. Additional purposes for which industrial assurance policies may be issued.
In force
 51. Assurances on lives of children under the age of ten years.
In force
 52. Validation of certain policies.
In force
 53. Prohibition of issue of illegal policies.
In force
 54. Application of Act of 1909 to industrial assurance.
In force
 55. Industrial assurance valuations.
In force
 56. Rejection of valuation by Minister.
In force
 57. Requisition of additional particulars by the Minister.
In force
 58. Time for making first industrial assurance valuation.
In force
 59. Time for deposit of valuation by certain companies.
In force
 60. General meetings of industrial assurance companies.
In force
 61. Contents of proposals for industrial assurance policies.
In force
 62. Contents of industrial assurance policies.
In force
 63. Industrial assurance proposals and policies.
In force
 64. Admission of age of life assured.
In force
 65. Return of policies, etc., after inspection.
In force
 66. Forfeiture for non-payment of premium.
In force
 67. Rights of holder of policy forfeited for non-payment of premium.
In force
 68. Assured persons transferring from one company to another company.
In force
 69. Payment of claims.
In force
 70. Value of industrial assurance policies.
In force
 71. Saving for certain policies issued before 3rd December, 1909.
In force
 72. Decision of disputes between industrial assurance companies and others.
In force
 73. Disputes as to continuance of assured life.
In force
 74. Certain restrictions in relation to collectors.
In force
 75. Restriction on employment of persons to procure new business.
In force
 76. Service or notices.
Part VI The Re-Insurance Company of Ireland, Limited (ss. 77-90)
Repealed
 77. Formation and registration of Re-Insurance Company of Ireland, Limited.
Repealed
 78. Loan to the Company to pay expenses of formation.
Repealed
 79. Issue of share capital of the Company.
Repealed
 80. Underwriting by the Minister for Finance of issue of shares.
Repealed
 81. Charge of moneys on the Central Fund.
Repealed
 82. Payment of dividends, etc., into the Exchequer.
Repealed
 83. Powers of the Minister for Finance as shareholder.
Repealed
 84. Powers of Minister for Finance in respect of shares held by him.
Repealed
 85. Alteration of memorandum and articles of association of the Company.
Repealed
 86. Obligation of the Company to furnish balance sheets, etc.
Repealed
 87. Inspection by Minister of books, etc., of the Company.
Repealed
 88. Statistics and returns to be made by the Company.
Repealed
 89. Obligation to re-insure with the Company.
Repealed
 90. State guarantee of re-insurance contracts.
Part VII Miscellaneous (ss. 91-110)
In force
 91. Extension of bond investment business.
In force
 92. Prohibition of borrowing on security of assurance fund.
In force
 93. Place of payment of sum assured.
In force
 94. Issue of policies, etc., in Saorstát Eireann.
In force
 95. Amendment of Fifth Schedule to Act of 1909.
In force
 96. Alteration of Schedules to Act of 1909 and this Act.
In force
 97. Returns, etc., by foreign companies.
In force
 98. Returns by assurance companies of re-insurance business.
In force
 99. Accounts and statements to be provided by syndicates.
In force
 100. Additional contents of revenue account.
In force
 101. Additional contents of balance sheet.
In force
 102. Additional statement to be furnished by certain foreign companies.
Repealed
 103. Additional statement in respect of mechanically-propelled vehicle insurance business.
In force
 104. Application of Act of 1909 to certain classes of assurance business.
In force
 105. Application of moneys received by assurance companies.
Repealed
 106. Re-insurance (prohibition) order.
Repealed
 107. Rates of premiums order.
In force
 108. Issue of policies in the Irish language.
In force
 109. Contravention, etc., of Act by assurance company or syndicate.
Repealed
 110. Time limit for prosecution of offences.
Repealed
 First Schedule Conditions Affecting Amalgamated Companies Under Part III of this Act
In force
 Second Schedule Additional Particulars of Industrial Assurance Valuations
Third Schedule Rules for Ascertaining the Amount of a Free Paid-up Policy and the Cash Surrender Value of any Policy of Industrial Assurance
In force
 Third Schedule, Part I General Rules
In force
 Third Schedule, Part II Policies of Industrial Assurance for the Whole Term of Life
In force
 Third Schedule, Part III Endowment and Endowment Assurance Policies
In force
 Third Schedule, Part IV Basis of computation when Parts I, II and III of this Schedule do not apply
Fourth Schedule Limitations on rights on forfeiture for non-payment of premium
In force
 Fourth Schedule, Part I Policies of Whole Life Assurance
In force
 Fourth Schedule, Part II Endowment or Endowment Assurance Policies, where the Original Term of the Policy is not less than 16 Years
In force
 Fourth Schedule, Part III Endowment or Endowment Assurance Policies, where the Original Term of the Policy is less than 16 Years
Repealed
 Fifth Schedule Conditions to which the Company is to Conform
Repealed
 Sixth Schedule Form applicable to mechanically propelled vehicle insurance business
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