The Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme) Rules Approval Order 1987
This Order approves rules made by the Insurance Brokers Registration Council in exercise of their powers under section 12 of the Insurance Brokers (Registration) Act 1977 as amended by section 138(3) of the Financial Services Act 1986. Subject to transitional provisions the Order replaces the Insurance Brokers Registration Council (Indemnity Insurance and Grants Scheme) Rules Approval Order 1979 which approved earlier Rules made by the Council. The main changes made by the Rules approved by the present Order from provisions in the 1979 Rules are: