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Prohibition of insuring money to be paid on death of a child under ten. 6.(1) ... a trade union (whether registered or unregistered), 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 years, otherwise than by way of repayment of the whole or any part of premiums paid: Provided that Paras.(a)(b) spent (c)this sub-section shall apply 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]; (2) The preceding sub-section shall have effect in substitution for section sixty-two of the Act of 1896 (which limits amounts that may be insured or paid on the death of a person under ten years of age), ... as it applies..., by virtue of section two of the Trade Union Act Amendment Act, 1876, to trade unions; and sections sixty-three to sixty-six of the Act of 1896... (which relate to persons to whom, and to conditions on which, payments may be made on the death of a person under ten years of age) shall cease to have effect: Provided that those enactments (other than the provisions thereof as to the persons to whom payment may be made) shall continue to apply as respects insurances effected before the passing of this Act, or effected thereafter by virtue of paragraph (a), (b) or (c) of the proviso to the preceding sub-section, and as respects payments under such insurances.
© 1948 Crown Copyright
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