The offence of carrying on an unauthorised insurance business offence was committed by the making of the offer of insurance. An invitation to treat, short of a contract, was sufficient. Citations: Gazette 25-Sep-1996, Times 14-Aug-1996 Statutes: Insurance Companies Act 1982 2(1) Jurisdiction: England and Wales Insurance, Crime Updated: 08 October 2022; Ref: scu.88331
The company was said to have acted in breach of section 2(1) of the1982 Act. Held: A Minister’s application to wind up companies in the public interest must be cogently argued. Insurance authorisation depends on where the effecting and carrying out of contracts of insurance occurs. The purpose of the addition of the words ‘as … Continue reading In Re A Company No 007816 of 1994, Same Re 007818, 007819, 007820, etc: ChD 13 Oct 1995
The court was asked whether the appellant, Airtours Holidays Transport Ltd (formerly MyTravel Group plc), was entitled to recover, by way of input tax VAT charged by PricewaterhouseCoopers LLP in respect of services provided by PwC and paid for by Airtours. Held: The appeal was dismissed (Clarke and Carnwath LL dissenting) For the VAT to … Continue reading Airtours Holidays Transport Ltd v Revenue and Customs: SC 11 May 2016
