1242
THE NEW ZEALAND GAZETTE.
[No. 51

rules and regulations contained in the First Schedule to the said Order in Council of the eighth day of April, one thousand eight hundred and eighty-five, and the twentieth day of April, one thousand eight hundred and eighty-six respectively, and doth hereby make and prescribe the rules and regulations set forth in the Schedule hereto: Provided that such revocation shall not be deemed to alter or affect any contract, act, matter, or thing which shall be or have been duly made in accordance with and subject to such revoked rules and regulations. And, in further exercise and pursuance of the powers and authorities aforesaid, and by and with the like advice and consent as aforesaid, His said Excellency doth order and direct that the several tables set forth in the Second Schedule to the said Order in Council of the eighth day of April, one thousand eight hundred and eighty-five, hereinbefore mentioned, shall be the tables to be used for the purposes of the said Act and the Act re-enacted thereby, until other provision shall be lawfully made in that behalf. And, lastly, in exercise and pursuance of the powers and authorities aforesaid, and by and with the like advice and consent as aforesaid, His said Excellency doth hereby order that this present Order in Council shall take effect on and after the first day of October next.

SCHEDULE.
Interpretation.

1. IN these rules and regulations, and in all policies or instruments purporting to be made or executed thereunder, if not inconsistent with the context,—
   “Actuary” means the officer for the time being holding the office of Actuary and Government Statist:
   “Agent” means a person duly appointed under these rules and regulations to receive proposals for the purposes of the said Acts and these rules and regulations:
   “Charge on policy” includes overdue premiums, interest thereon or other fine exigible, loans advanced by the Commissioner on security of policy, and interest thereon:
   “Colonial Treasurer” means the person for the time being holding that office, and includes any member of the Executive Council from time to time acting on behalf of the Colonial Treasurer:
   “Commissioner” means the Government Insurance Commissioner holding office from time to time under the said Act:
   “Endowment-insurance policy” means a policy the sum assured by which is payable at a certain date, or upon the death of the person whose life is insured if it happen before such date:
   “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:
   “Policy” means an instrument in writing, or partly in writing and partly printed, containing any contract whatever made under these regulations dependent upon the contingencies of human life:
   “Premium” means the periodical or other payment for any policy, or the purchase-money for such policy:
   “The said Acts” mean “The Government Insurance and Annuities Act, 1874,” and the Acts amending the same, as re-enacted by “The Government Life Insurance Act, 1886.”

Place of Business.

2. The office of the Commissioner shall be in the Public Buildings situated on the Customhouse Quay, in the City of Wellington, which is hereby appointed for that purpose.

Position of Actuary.

3. The Actuary shall, to such extent as the Colonial Treasurer from time to time directs, supervise the management of the Government Insurance Department on behalf of the Government.

Commissioner may appoint Agents.

4. The Commissioner may from time to time, with the previous consent of the Colonial Treasurer, appoint agents to receive proposals for insurance of lives or the grant of endowments or annuities, or for any other policies authorized by the said Acts, to receive any premiums payable upon such policies or any payments in respect of such endowments or annuities, and to give valid and sufficient receipts for the same respectively; and such appointments may from time to time, with such consent as aforesaid, revoke or alter.

Postmasters may be Agents.

5. The Postmaster at any post office may, with the previous consent of the Postmaster-General, be appointed by the Commissioner as an agent for all or any one or more of the purposes mentioned in the immediately-preceding regulation, and to receive and pay moneys under the said Acts.

Agents’ Authority limited.

6. Agents shall have no authority to enter into, alter, or discharge contracts made under the said Acts or under these regulations, or in any way bind the Commissioner, other than as such agents may be specially empowered so to do by their appointments or by these rules and regulations.

Form of making Proposals.

7. Any person desiring to enter into any contract under the said Acts (herein referred to as “the proposer”) shall make his proposal for the same in a form applicable thereto, and shall make and sign the declaration or declarations required by the Commissioner.

When Medical Examination necessary.

8. Every person whose life is proposed for insurance under a life-insurance or endowment-insurance policy shall, when required by the Commissioner, present himself for medical examination by a legally-qualified medical practitioner duly authorized by the Commissioner for the purpose of such examination. Such medical examination shall be conducted according to a form supplied by the Commissioner, and applicable to the special transaction.

Proposer to certify to Truth of Personal Statement.

9. The answers given by the person examined to the questions set forth in the form above referred to shall be reduced to writing by the Medical Examiner, and shall be read over to the person examined, and signed by him; and he shall at the same time make and sign a declaration of the truth of his statements in the presence of the Medical Examiner.

Papers to be sent to the Commissioner.

10. The report of the Medical Examiner, and all other papers connected therewith, shall, so soon as the same have been duly completed, be transmitted to the Commissioner; and such report, together with the proposal and other papers, shall be reported on by the Chief Medical Officer or by a Board from time to time to be appointed by the Governor; and the report or recommendation of the Chief Medical Officer or Board in each case shall be laid before the Commissioner.

Tables only to specify Rates applicable to First-class Lives.

11. All tables of premiums for sums to be secured at death, or for sums payable at a certain date, or at death if it happen before such date, shall only specify the rate of premium for first-class lives.

Commissioner to fix Extra Rate. No Life to be charged less than Rate for Age Fifteen.

12. The rate of extra premium for each proposal, if any, shall in every case be fixed by the Commissioner, with the concurrence of the Actuary, in proportion to the ineligibility of the life proposed, after consideration of the proposal and papers connected therewith, and of the opinion of the Chief Medical Officer or Board: Provided that (except as otherwise determined under these rules and regulations) no life shall be accepted at a less rate than that fixed for a first-class life, and that persons under the age of fifteen years shall be charged at a rate not less than that fixed for age fifteen.

Deduction in Case of Ministers of Religion.

13. A deduction at the rate of five pounds per centum shall be made from the rates of premium contained in the tables hereinbefore mentioned in the case of insurances effected under the said Acts on the lives of ministers of religion whose names have been or shall hereafter be duly registered under the Act of the General Assembly of New Zealand, the short title whereof is “The Marriage Act, 1880.”

Maximum Amount of Insurance.

14. The sum assured on any one life, either by way of ordinary or joint-life assurance or endowment insurance, shall not exceed the sum of four thousand pounds.

Thirty Days to be allowed for Completion of Proposal.

15. If the Commissioner shall elect to accept the proposal he shall determine the premium payable in respect of the proposed transaction, with the concurrence of the Actuary; and within thirty days thereafter the proposer shall pay or cause to be paid the said premium; and if he fail to do so the proposal shall be deemed to be abandoned, unless the Commissioner shall otherwise determine.

Policy to be issued.

16. Upon payment of the premium payable in respect of any accepted proposal, the Commissioner shall cause to be issued and delivered to the proposer a policy in the form applicable to the particular contract.

Form of Contracts.

17. The forms of policy and other contracts now in use in the Government Insurance Office shall, subject to such modi-