✨ Regulations under Government Insurance Act
Numb. 17.
227
SUPPLEMENT
TO THE
NEW ZEALAND GAZETTE
OF THURSDAY, FEBRUARY 15, 1883.
Published by Authority.
WELLINGTON, FRIDAY, FEBRUARY 16, 1883.
Regulations under "The Government Insurance and
Annuities Act, 1874."
WM. F. DRUMMOND JERVOIS, Governor.
ORDER IN COUNCIL.
At the Government House, at Wellington, this
thirteenth day of February, 1883.
Present:
HIS EXCELLENCY THE GOVERNOR IN COUNCIL.
HIS Excellency the Governor of the Colony of
New Zealand, in exercise and pursuance of
the powers and authorities vested in him by the
fifth section of "The Government Insurance and
Annuities Act, 1874" (hereinafter referred to as
"the said Act"), and all other powers and authorities
in this behalf vested in him, and by and with
the advice and consent of the Executive Council
of the said colony, doth hereby repeal the regula-
tions contained in the First Schedule to an Order
in Council dated the eleventh day of November,
one thousand eight hundred and seventy-four, and
doth make and prescribe the rules and regulations
set forth in the First Schedule hereto.
And in further exercise and pursuance of the said
powers and authorities as aforesaid, and with such
advice and consent as aforesaid, His Excellency doth
hereby revoke and recall all the Tables for determining
the value of annuities, and for payment of sums of
money at death or otherwise, heretofore approved
and in use under the said Act, and doth, for the
purposes of the said Act and the said regulations,
approve of the Tables set forth in the Second Sche-
dule hereto, and doth direct the use of such tables as
last aforesaid, under and for the purposes of the said
Act and regulations.
FIRST SCHEDULE.
Interpretation.
- In these regulations, and in all policies or in-
struments purporting to be made or executed there-
under, if not inconsistent with the context,-
"The said Act" means "The Government In-
surance and Annuities Act, 1874:"
"The Commissioner" means the Government
Insurance Commissioner appointed and acting
under the said Act:
"Policy" means an instrument in writing, or
partly in writing and partly printed, contain-
ing any contract whatever made under these
regulations dependent upon the contingencies
of human life:
"Life-insurance policy" means a policy the
sum assured by which is payable upon the
death of the person whose life is insured
whenever that event may occur, or upon his
death if it happen within a specified term:
"Endowment-insurance policy" means a policy
the sum assured by which is payable at a cer-
tain date, or upon the death of the person
whose life is insured if it happen before such
date:
"Premium" means the periodical or other pay-
ment for any policy, or the purchase-money
for such policy:
"Agent" means a person duly appointed under
these regulations to receive proposals for the
purposes of the said Act and regulations.
Place of business.
- The Commissioner shall have an office in the
Public Buildings situated on the Customhouse Quay,
in the City of Wellington, or at such other place
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NZ Gazette 1883, No 17
✨ LLM interpretation of page content
🏢 Regulations under The Government Insurance and Annuities Act 1874
🏢 State Enterprises & Insurance13 February 1883
Government Insurance, Annuities Act, Regulations, Commissioner, Policies
- WM. F. DRUMMOND JERVOIS, Governor