Section 20

Nothing in this Act shall apply to any person, body or society to which the *Insurance Act 1963 [Act 89] applies and it is declared that any mutual benefit society which has been registered under this

Act shall be deemed not to be an insurer for the purposes of the

*NOTE—The Insurance Act 1963 [Act 89] has since been repealed by the Insurance Act 1996 [Act 553]

and later repealed by the Financial Services Act 2013 [Act 758] which comes into operation on 30 June 2013—see P.U. (B) 276/2013 except section 129 and Schedule 9, 1 January 2015—

see P.U. (B) 552/2014.

Societies 39

*Insurance Act and that the provisions of section 67 of the Stamp

Act 1949 [Act 378] shall not apply to any such mutual benefit society.