Enterprise Bill [HL]

Amendments
to be moved
on THIRD REading

After Clause 23

BARONESS NEVILLE-ROLFE

 

Insert the following new Clause—

“Additional time limit for actions for damages for late payment of insurance
claims

After section 5 of the Limitation Act 1980 insert—

“5A Additional time limit for actions for damages for late payment of
insurance claims

(1)     An action in respect of breach of the term implied into a contract of
insurance by section 13A of the Insurance Act 2015 (late payment of
claims) may not be brought after the expiration of one year from the
date on which the insurer has paid all the sums referred to in
subsection (1) of that section.

(2)     Any payment which extinguishes an insurer’s liability to pay a sum
referred to in section 13A of the Insurance Act 2015 is to be treated
for the purposes of this section as payment of that sum.””

Clause 37

BARONESS NEVILLE-ROLFE

 

Page 54, line 38, leave out “and 23” and insert “to (Additional time limit for actions for
damages for late payment of insurance claims
)”

Clause 38

BARONESS NEVILLE-ROLFE

 

Page 55, line 12, at end insert—

“( )   section 28 (UK Government Investments Limited);

( )   section 30 (UK Green Investment Bank: transitional
provision);”

Prepared 9th December 2015