asked the Minister for Industry and Commerce the rules, regulations and orders applicable to the payment, withdrawal or transfer of the statutory deposits by assurance companies required in respect of industrial life assurance and ordinary life assurance, and the dates on which all such rules, regulations and orders came into force.
Ceisteanna—Questions. Oral Answers. - Deposits of Assurance Companies.
43.
Mr. Ryan
The statutory instrument regulating the making, withdrawal and transfer of deposits under the Insurance Acts is the Insurance (Deposits) Rules, 1940 (No. 78 of 1940), made on 21st February, 1940.
In so far as they relate to deposits required to be made under the Insurance Act, 1936, the Rules took effect from 1st July, 1940, the date on which Part II of the Act came into operation.