HC Deb 17 July 1973 vol 860 c398

Amendment made: No. 47, in page 41, line 31, after 'section', insert '6, 8(5).'—[Mr. Anthony Grant.]

Mr. Kenneth Baker

I beg to move Amendment No. 33, in page 41, line 32, leave out '34(1), 44 or 47' and insert 'or 34(1)'.

Clause 44, dealing with the statutory notice in relation to a long-term policy and Clause 47 dealing with linked long-term polices, both impose requirements upon insurers. Clause 52, which is the penalties clause, provides that an insurer who fails to comply with those requirements shall be guilty of an offence and liable on summary conviction to a fine not exceeding £400.

Clause 52(3)(b) provides for a similar penalty if a person other than an insurer fails to comply with a requirement. Since Clauses 44 and 47 impose requirements only on insurers, there is no need for the reference to those clauses in this paragraph, and the amendment deletes that erroneous reference. I am glad to say that that is something that the Opposition did not see in Committee.

Amendment agreed to. Amendment made: No. 34, in page 42, line 4, leave out from 'became' to 'of' in line 5 and insert: 'or ceased to be a controller'.—[Mr. Anthony Grant.]

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