Insurance Act, 1936

PART V.

Industrial Assurance Business.

Definitions in this Part.

48.—In this Part of this Act—

the expression “industrial assurance company” means an assurance company which carries on industrial assurance business;

the word “collector” means a person, howsoever remunerated, who makes house to house visits for the purpose of receiving premiums payable on policies of industrial assurance and includes a deputy of or substitute for any such person, and also includes a person who holds' any interest in a collecting book;

the expression “collecting book” means any book or document issued by an industrial assurance company and in the custody of a collector in which payments of premiums on foot of policies of industrial assurance are entered;

the expression “premium receipt book” means any book or document in which acknowledgments of the receipt of premiums payable in respect of a policy of industrial assurance are entered.