Document ID: chunk:federal_register_of_legislation:C2004A02846:body:0:p3
Version: federal_register_of_legislation:C2004A02846
Segment Type: other
Provision Reference: 
Character Range: 5536–8506

where, in respect of the money, the body corporate issues, in compliance with section 97 of the Companies Act 1981, a document prescribed by sub-section (2) of that section and complies with the other requirements of that section;
          (b) a cheque, order for the payment of money or bill of exchange; or
          (c) for the purposes of the application of this definition to a provision of this Act in respect of which the regulations

         provide that the word 'debenture' does not include a prescribed document or a document included in a prescribed class of documents—that document or a document included in that class of documents, as the case may be;";
     (d) by inserting after the definition of "financial year" in sub-section (1) the following definition:
        "'floating charge' includes a charge that conferred a floating security at the time of its creation but has since become a fixed or specific charge;";
     (e) by inserting after the definition of "Lloyd's underwriter" in sub-section (1) the following definition:
        "'ordinary accounts' means ledgers, journals, profit and loss accounts and balance-sheets, whether or not prepared for the purposes of any law (including this Act), and includes statements, reports and notes (other than auditors' reports or directors' reports) attached to, or intended to be read with, any of the foregoing, but does not include statutory accounts;";
     (f) by inserting after the definition of "profit and loss account" in sub-section (1) the following definition:
        "'quarterly statutory accounts', in relation to a body corporate authorized under this Act to carry on insurance business, means the statements that the body corporate is required to lodge with the Commissioner under sub-section 44 (4);"; and
     (g) by adding at the end of sub-section (1) the following definitions:
        "'statutory accounts', in relation to a body corporate authorized under this Act to carry on insurance business, means—
          (a) yearly statutory accounts of the body corporate;
          (b) quarterly statutory accounts of the body corporate; and
          (c) if sub-section 44 (6) applies to the body corporate—statements that the body corporate is required to lodge with the Commissioner under that sub-section;
        'yearly statutory accounts', in relation to a body corporate authorized under this Act to carry on insurance business, means the accounts and statements that the body corporate is required to lodge with the Commissioner under sub-section 44 (1).".

Application of Act
4. Section 5 of the Principal Act is amended—
(a) by omitting "or" from paragraph (2) (g);
(b) by inserting after paragraph (2) (g) the following paragraph:
        "(ga) a prescribed company, being the business of insuring against the whole or part of any loss in relation to the withdrawable share capital of, and loans (including deposits) to, building societies; or"; and

     (c) by adding