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Form, etc., of assurance licence.
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17.—Every assurance licence shall—
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(a) be in the prescribed form, and
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(b) if granted to an assurance company, state the name of such assurance company, and if granted to a syndicate, state the names and the addresses of the members constituting such syndicate, and
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(c) state the class or classes of assurance business which may be carried on by such assurance company or syndicate (as the case may be), and
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(d) be expressed and operate to authorise such assurance company or syndicate (as the case may be) to carry on the class or classes of assurance business stated in such licence, and
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(e) be and be expressed to be granted subject to the provisions of this Act.
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