Document ID: chunk:federal_register_of_legislation:C2004A03409:body:0:p21
Version: federal_register_of_legislation:C2004A03409
Segment Type: other
Provision Reference: 
Character Range: 50509–53226

may be, the Lloyd's broker concerned.
"(14) In sub-section (13), 'Lloyd's' has the same meaning as in the Insurance Act 1973.".
Sub-section 37 (2)—
Omit "Unless", substitute "Where the contract of insurance was arranged by the person and the moneys constitute the first payment made in relation to the contract, then, unless".
Section 37—
After sub-section (3) add the following sub-sections:
"(3a) Moneys referred to in sub-section (3) may be reduced by—
     (a) where the contract concerned is a contract of general insurance—any amounts due to the person pursuant to an agreement with the insurer; or
     (b) in any other case—any amounts due to the person pursuant to an agreement with the insurer, other than an agreement in force under section 10.
"(3b) Where, before the person has been paid an amount as described in sub-section (1), the person has paid to the insurer an amount on account of the first-mentioned amount, the moneys referred to in sub-section (3) shall be reduced by the amount so paid to the insurer.".
Insurance Contracts Act 1984
Sub-section 11 (9)—
Omit the sub-section, substitute the following sub-sections:
"(9) Subject to sub-section (10), a reference in this Act to the entering into of a contract of insurance includes a reference to—
SCHEDULE 1—continued
     (a) in the case of a contract of life insurance—the making of an agreement by the parties to the contract to extend or vary the contract;
     (b) in the case of any other contract of insurance—the making of an agreement by the parties to the contract to renew, extend or vary the contract; or
     (c) the reinstatement of any previous contract of insurance.
     "(10) Notwithstanding sub-section (9)—
     (a) subject to paragraph (c), where, after the commencement of this Act and at or before the original entering into, or the renewal, extension or reinstatement, of a contract of insurance, the insurer has given information to the insured as required by section 22, 35, 37, 40, 44, 49 or 68, the requirement by that section to give information to the insured shall be deemed to be satisfied at or before any subsequent renewal, extension or reinstatement of the contract;
     (b) sections 22 and 40 do not require an insurer to give information to the insured at or before a variation of the relevant contract of insurance except where the variation is involved in a renewal, extension or reinstatement of the contract; and
     (c) sections 35, 37, 44, 49 and 68 require an insurer to give information to the insured at or before a variation of the relevant contract of insurance, but only to the extent that the information relates to the provision or provisions varied or proposed to be varied.
"(11) Where a