As filed with the Securities and Exchange Commission on July 25, 1997
Registration No. 33-15704
811-5232
______________________________________________________________________
Securities and Exchange Commission
Washington, D.C. 20549
______________________________________________________________________
FORM N-4
Registration Statement under the Securities Act of 1933
Pre-Effective Amendment No.
Post-Effective Amendment No. 6 X
Registration Statement under the Investment Company Act of 1940
Amendment No. 7 X
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Independence Variable Annuity Separate Account
(named Keyport America Variable Annuity Separate Account before 10/13/95)
(Exact Name of Registrant)
Independence Life and Annuity Company
(named Keyport America Life Insurance Company before 10/13/95)
(Name of Depositor)
125 High Street
Boston, MA 02110
(Address of Depositor's Principal Executive Office)
Depositor's Telephone Number: (800) 500-5512
James J. Klopper
125 High Street
Boston, MA 02110
(Name and Address of Agent for Service)
Copy to:
Joan E. Boros, Esquire
Katten Munchin and Zavis
1025 Thomas Jefferson, N.W.
Washington, D.C. 20007
It is proposed that this filing will become effective (check appropriate space)
X immediately upon filing pursuant to paragraph (b) of Rule 485
on (date) pursuant to paragraph (b) of Rule 485
60 days after filing pursuant to paragraph (a)(1) of Rule 485
on (date) pursuant to paragraph (a)(1) of Rule 485
Statement Pursuant to Rule 24f-2
Pursuant to Rule 24f-2(a)(1), the Registrant has registered an indefinite number
of securities under the Securities Act of 1933. The Rule 24f-2 Notice of the
Registration for the fiscal year ended December 31, 1996 was filed on February
28, 1997.
This Amendment No. 6 to the Registration Statement on Form S-6 which
initially became effective on December 7, 1987 (the "Registration
Statement") relates only to the represention included herein and does not
otherwise delete, amend, or supersede any information contained in Post-
Effective Amendment No. 5 to the Registration Statement.
Financial Statements are not included in this Post-Effective Amendment to
the Registration Statement. Financial statements are provided to
policyholders each year pursuant to the requirements as set forth in the
SEC no-action response to Great-West Life and Annuity Co. (pub. avail.
October 23, 1990) upon which Registrant is relying.
PART C
OTHER INFORMATION
Item 32. Undertakings.
(a) Registrant undertakes to file a post-effective amendment to this
registration statement as frequently as is necessary to ensure that the
audited financial statements in the registration statement are never more
than 16 months old for so long as payments under the variable annuity
contracts may be accepted;
(b) Registrant undertakes to include either (1) as part of any
application to purchase a contract offered by the prospectus, a space that
an applicant can check to request a Statement of Additional Information, or
(2) a post card or similar written communication affixed to or included in
the prospectus that the applicant can remove to send for a Statement of
Additional Information; and
(c) Registrant undertakes to deliver any Statement of Additional
Information and any financial statements required to be made available
under this Form promptly upon written or oral request.
Representation
Depositor represents that the fees and charges deducted under the
contract, in the aggregate, are reasonable in relation to the services
rendered, the expenses expected to be incurred, and the risks assumed by
the Depositor. Further, this representation applies to each form of the
contract described in a prospectus and statement of additional information
included in this registration statement.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933 and the
Investment Company Act of 1940, the registrant certifies that it meets all
of the requirements for effectiveness of this Amended Registration
Statement pursuant to Rule 486(b) under the Securities Act of 1933 and has
duly caused this Amended Registration Statement to be signed on its behalf
by the undersigned thereunto duly authorized, and its seal to be hereunto
affixed and attested, all in the city of Boston, Massachusetts, on the 25th
day of July, 1997.
INDEPENDENCE VARIABLE ANNUITY SEPARATE ACCOUNT
(formerly named Keyport America Variable Annuity
Separate Account)
(Registrant)
By: INDEPENDENCE LIFE AND ANNUITY COMPANY
(formerly named Keyport America Life Insurance
Company)
(Depositor)
By: /s/John W. Rosensteel
John W. Rosensteel
President
*BY: /s/James J. Klopper July 25, 1997
James J. Klopper Date
Attorney-in-Fact
* James J. Klopper has signed this document on the indicated date on
behalf of Mr. Rosensteel pursuant to power of attorney duly executed
by him and included as part of Exhibit 13 in Post-Effective Amendment
No. 5 to the Registration Statement on Form N-4 filed on or about
April 28, 1995 (File Nos. 33-15704; 811-5232).
Pursuant to the requirements of the Securities Act of 1933, this Amended
Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.
John W. Rosensteel* John W. Rosensteel*
John W. Rosensteel John W. Rosensteel
Chairman of the Board President & Principal
Executive Officer
John E. Arant, III* Paul H. LeFevre, Jr.*
John E. Arant, III Paul H. LeFevre, Jr.
Director Senior Vice President &
Principal Financial Officer
Paul H. LeFevre, Jr.*
Paul H. LeFevre, Jr.
Director
*BY: /s/James J. Klopper July 25, 1997
James J. Klopper Date
Attorney-in-Fact
* James J. Klopper has signed this document on the indicated date on
behalf of Mr. Rosensteel pursuant to power of attorney duly executed
by him and included as part of Exhibit 13 in Post-Effective Amendment
No. 5 to the Registration Statement on Form N-4 filed on or about
April 28, 1995 (File Nos. 33-15704; 811-5232).
