Insurance Tables Revocation




Numb. 55. 1099

SUPPLEMENT
TO THE
NEW ZEALAND GAZETTE
OF
THURSDAY, SEPTEMBER 24, 1885.
Published by Authority.

WELLINGTON, FRIDAY, SEPTEMBER 25, 1885.

Revoking and approving Tables under "The New Zealand
Government Insurance Association Act, 1884."

Wm. F. DRUMMOND JERVOIS,
Governor.

ORDER IN COUNCIL.

At the Government House, at Wellington, this seventeenth
day of September, 1885.

Present:

HIS EXCELLENCY THE GOVERNOR IN COUNCIL.

WHEREAS by an Order in Council bearing date the
eighth day of April, one thousand eight hundred
and eighty-five, His Excellency the Governor of the Colony
of New Zealand did, in exercise of the powers vested in him
by "The New Zealand Government Insurance Association
Act, 1884" (hereinafter termed "the said Act"), approve of
the tables set forth in the Second Schedule to the said Order
in Council as the tables to be used under the said Act, and
the regulations made thereunder, for determining the value
of annuities, and for payment of sums of money at death or
otherwise: And whereas it is expedient to revoke the tables
so made as aforesaid, and to substitute others in lieu thereof:

Now, therefore, His Excellency Sir William Francis
Drummond Jervois, the Governor of the Colony of New
Zealand, in exercise and pursuance of the powers and
authorities vested in him by the said Act, and by and with
the advice and consent of the Executive Council of the said
colony, doth hereby revoke the tables contained in the
Second Schedule to the said Order in Council of the eighth
day of April last as aforesaid, and, in lieu thereof, doth
hereby approve the several tables contained in the Schedule
hereto, and doth direct that, for the purposes of the said Act
and the regulations made thereunder, such last-mentioned
tables shall be used for determining the value of annuities,
and for the payment of sums of money at death or otherwise;
and doth further declare that this Order in Council shall
come into force on and after the first day of October, one
thousand eight hundred and eighty-five:

Provided, however, that nothing herein contained shall be
held to affect or prevent the completion of any contract for
assurance under the tables first above mentioned in cases
where any proposal for assurance, or in relation to any
annuity, shall have been made prior to the revocation of
such tables, and accepted by the Central Board of Directors
constituted under the said Act, before the first day of
November, one thousand eight hundred and eighty-five.

SCHEDULE.

WITH PARTICIPATION IN PROFITS.

TABLE I.—PREMIUMS payable during the whole of Life, to secure
£100, payable at Death only.

Age nearest Annual. Half-yearly. Quarterly. Age nearest
Birthday. Birthday.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 1885, No 55





✨ LLM interpretation of page content

🏢 Revocation and Approval of Insurance Tables

🏢 State Enterprises & Insurance
25 September 1885
Insurance, Tables, Revocation, Approval, Annuities, Payment
  • Wm. F. Drummond Jervois, Governor
  • His Excellency the Governor in Council