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Validity of payments under s.58. 61.(1) Subject to the following provisions of this section, a registered society or branch shall not insure so as to render any sum payable under the insurance on the death of any person at any time before he or she attains the age of ten, otherwise than by way of repayment of the whole or any part of the premiums paid. (2) Subsection (1) does not apply to a sum payable to another person who has an interest in the life of the person on whose death the sum is payable. (3) Subsections (1) and (2) apply to an unregistered society or branch as they apply to a registered society or branch. (4) Subject to the provisions of any [order under Article 52 of the Industrial Assurance (Northern Ireland) Order 1979] (which confers power to extend the application of this section and of certain provisions of that Act originally limited to persons resident in Northern Ireland), subsection (1) applies only in the case of a person who, at the time of the proposal, is ordinarily resident in the United Kingdom or the Isle of Man. (5) Any society or branch which insures in contravention of subsection (1) shall be guilty of an offence and liable on summary conviction to a fine not exceeding #50. (6) If a parent or personal representative of a parent claiming money on the death of a child produces a certificate of the death other than is in this Act provided to the society or branch from which the money is claimed, or produces a false certificate, or one fraudulently obtained, or in any way attempts to defeat the provisions of this Act with respect to the payment upon the death of children, he shall be guilty of an offence and liable on summary conviction to a fine not exceeding #10.
© 1970 Crown Copyright
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