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LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896

LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896 - LONG TITLE

An Act to enable Life Assurance Companies to pay Money into Court
in certain Cases.
[21st May 1896]
Short title.

LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896 - SECT 1

1. This Act may be cited as the Life Assurance Companies (Payment
into Court) Act, 1896.

LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896 - SECT 2
Interpretation.

2. In this Act

The expression "life assurance company" means any corporation,
company, or society carrying on the business of life assurance, not
being a society registered under the Acts relating to friendly
societies;

The expression "life policy" includes any policy not foreign to the
business of life assurance.

LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896 - SECT 3
Power to pay money into court.

3. Subject to rules of court any life assurance company may pay
into the [Supreme Court], any moneys payable by them under a life
policy in respect of which, in the opinion of their board of
directors, no sufficient discharge can otherwise be obtained.

LIFE ASSURANCE COMPANIES (PAYMENT INTO COURT) ACT 1896 - SECT 4
Receipt of officer sufficient discharge.

4. The receipt or certificate of the proper officer shall be a
sufficient discharge to the company for the moneys so paid into
court, and such moneys shall, subject to rules of court, be dealt
with according to the orders of the High Court ....