Date-stamp loading
Version status: In force | Document consolidation status: No known changes
Version date: 21 February 1940 - onwards
    Version 1 of 1    

Rule 7

Where a deposit of money, or of any such stocks, funds, or securities, or any such nominal or inscribed stock mentioned in the next preceding Rule has been made under these Rules or under the Assurance Companies (Deposit of Securities) Rules, the High Court may on the application of the assurance company or the Committee of Lloyd's, as the case may be, which has made such deposit order -

(a) the investment of money so deposited in any such stocks, funds, or securities, or in any such nominal or inscribed stock as such company or the Committee desire and the High Court thinks fit, or

(b) the variation of any investment by sale of the whole or part of such stocks, funds, or securities or such nominal or inscribed stock representing the deposit and reinvestment of the proceeds of such sale in either or both of the following, that is to say, in any other such stocks, funds, or securities or in any other such nominal or inscribed stock, or

(c) the transfer to the assurance company or the Co

Comparing proposed amendment...