Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698837673829.pdf (New Zealand)
Mutual Insurance Regulations 1956 (SR 1956/69) PURSUANT to the Mutual Insurance Act 1955, His Excellency the Administrator of the Government, acting by and with the advice and consent of the Executive Council, hereby makes the following regu­ lations.
Contents Schedule 1 Associations to which these regulations apply Schedule 2 Additional kinds of insurance which associations may grant Schedule 3 Regulations revoked Page 3 4 5 1 (1) (2) 2 These regulations may be cited as the Mutual Insurance Regu­ lations 1956.

These regulations shall come into force on the day after the date of their notiﬁcation in the Gazette.
In these regulations, unless the context otherwise requires,— The Act means the Mutual Insurance Act 1955 Association means one of the associations named in Schedule 1 hereto Note These regulations are administered in the Public Trust Ofﬁce.

1 r 3 Mutual Insurance Regulations 1956 Reprinted as at 3 September 2007 Except as provided in this regulation, expressions deﬁned in the Act have the meanings so deﬁned.
3 (1) Subject to the provisions of these regulations, any association may, if authorised so to do by a resolution passed at a special meeting of its members, grant to its members insurances of all or any of the kinds speciﬁed in Schedule 2 hereto.

(2) Where such a resolution relates to some only of the said kinds of insurances, another such resolution relating to others or an­ other of the said kinds of insurances may be passed subse­ quently.
(3) Any such resolution may from time to time be varied or re­ voked by a resolution passed at a later meeting of members of the association: Provided that a resolution purporting to extend the powers of the association shall not be valid unless it is passed at a special meeting of members.
The secretary of each association shall cause a copy of every resolution of members of the association passed under this regulation, including any resolution varying or revoking a pre­ vious resolution so passed, to be ﬁled with the Registrar and another copy to be deposited in the ofﬁce of Public Trust.

Every copy intended to be so ﬁled or deposited shall be certi­ ﬁed as correct by the secretary of the association.
(4) (5) Any such resolution which purports to extend the powers of an association shall have no effect until copies thereof have been ﬁled and deposited as provided in this regulation.

Subclause (4) was amended, as from 1 March 2002, by section 170(4) Public Trust Act 2001 (2001 No 100) by substituting the words “Public Trust” for the words “the Public Trustee”.

See clause 2 Public Trust Act Commencement Order 2002 (SR 2002/11).
4 (1) An association shall not grant policies or contracts of insur­ ance of any of the kinds speciﬁed in Schedule 2 hereto un­ less— (a) The association has made an arrangement in pursuance of section 25 of the Act for the reinsurance of risks under policies or contracts of insurance of that kind, and 2 Reprinted as at 3 September 2007 Mutual Insurance Regulations 1956 Schedule 1 the arrangement has been approved by Public Trust and is for the time being in full force; or Public Trust has agreed that there need be no such ar­ rangement.
(b) The association shall not vary or cancel any such arrangement without the approval of Public Trust.

If any insurance cover is granted in contravention of the pro­ visions of this regulation, the policy or contract of insurance shall be binding on the association, but for the purposes of sec­ tion 40 of the Act the policy or contract shall be deemed to be an insurance cover which the association is not for the time being authorised to grant.
Subclause (1) was amended, as from 1 March 2002, by section 170(4) Public Trust Act 2001 (2001 No 100) by substituting the words “Public Trust” for the words “the Public Trustee” (or “The Public Trustee”).

See clause 2 Public Trust Act Commencement Order 2002 (SR 2002/11).

Subclause (2) was amended, as from 1 March 2002, by section 170(4) Public Trust Act 2001 (2001 No 100) by substituting the words “Public Trust” for the words “the Public Trustee”.
See clause 2 Public Trust Act Commencement Order 2002 (SR 2002/11).

The regulations speciﬁed in Schedule 3 hereto are hereby re­ voked.
(2) (3) 5 (1) (2) Without limiting the provisions of the Acts Interpretation Act 1924, it is hereby declared that the revocation of any provision by these regulations shall not affect any document made or any thing whatsoever done under the provision so revoked, and every such document or thing so far as it is subsisting or in force at the time of the revocation and could have been made or done under these regulations, shall continue and have effect as if it had been made or done under the corresponding provision of these regulations and as if that provision had been in force when the document was made or the thing was done.
Schedule 1 Associations to which these regulations apply Reg 2 • The Taranaki Farmers’ Mutual Fire Insurance Association.

3 Schedule 2 Mutual Insurance Regulations 1956 Reprinted as at 3 September 2007 • • Schedule 1 was substituted, as from 4 December 1958, by regulation 2 Mutual Insurance Regulations 1956, Amendment No 1 (SR 1958/171).
Farmers’ Mutual Insurance Association Schedule 1 was amended, as from 6 August 1964, by regulation 2 Mutual Insurance Regulations 1956, Amendment No 2 (SR 1964/116), by omitting the item “Dominion Farmers Mutual Insurance Association”.

Schedule 2 Additional kinds of insurance which associations may grant Reg 3 EMPLOYERS’ liability insurance.

Personal accident insurance.

House owner’s and householder’s comprehensive insurance.

Public liability insurance.


Comprehensive insurance in respect of farm tractors, farm im­ plements, and farm machinery.

Marine insurance (in respect of property while it is within New Zealand and New Zealand territorial waters).

Plate glass insurance.

Storm, tempest, and ﬂood insurance in respect of farm build­ ings.

Insurance against loss of proﬁts as a result of ﬁre, lightning, or explosion.

Fidelity guarantee insurance.

Baggage insurance.

All risks insurance in respect of chattels.


Burglary and housebreaking insurance.

Livestock mortality insurance Theft insurance.

Boiler and pressure vessel explosion insurance.

Machinery breakdown insurance.


Comprehensive and other insurance in respect of motor ve­ hicles or loss or liability arising form the use thereof, but not • • • • • • • • • • • • • • • • • • 4 Reprinted as at 3 September 2007 Mutual Insurance Regulations 1956 including third party risks insurance business under Part 2 of the Transport Act 1962.
Schedule 2 was amended, as from 4 December 1958, by regulation 3 Mutual Insurance Regulations 1956, Amendment No 1 (SR 1958/171), by adding the items “Theft insur­ ance.”, “Boiler and pressure vessel explosion insurance.”, and “Machinery breakdown insurance.”.
Schedule 2 was further amended, as from 6 August 1964, by regulation 3 Mutual Insur­ ance Regulations 1956, Amendment No 2 (SR 1964/116), by inserting the item “Com­ prehensive and other insurance in respect of motor vehicles or loss or liability arising form the use thereof, but not including third party risks insurance business under Part 2 of the Transport Act 1962”.
Schedule 3 Regulations revoked Reg 5 REGULATIONS extending powers of associations under the Mutual Fire Insurance Amendment Act 1913, made on 25 March 1915 and published the Gazette on 1 April 1915 at page 1022.

The Mutual Insurance (Personal Accident) Regulations 1950 (SR 1950/176).

T J SHERRARD, Clerk of the Executive Council.

Explanatory note This note is not part of the regulations, but is intended to indicate their general effect.
These regulations consolidate and amend the regulations which pre­ scribe the additional kinds of insurance which the three existing mu­ tual insurance associations may undertake under section 13 of the Mutual Insurance Act 1955.

The list is extended, and an obligation is imposed on the associations to reinsure.

Issued under the authority of the Regulations Act 1936.

Date of notiﬁcation in Gazette: 24 May 1956.

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