Table of Contents (Display details)

• Exempt Insurance 
• PART I Preliminary
  • 1 Short title
  • 2 Interpretation
  • 3 Exempt insurance business
• PART II Licensing of Exempt Insurance Companies
  • 4 Licensing requirements
  • 4A Participation
  • 5 Application requirements
  • 6 Contents of application
  • 7 Examination of applicants
  • 8 Issue or refusal of licence
  • 9 Conditions of licence
  • 10 Misleading name
  • 11 Validity of licence
  • 12 Revocation or suspension of licence
  • 13 Appeal on revocation
  • 13A Cancellation
  • 14 Service of documents
  • 15 Records of licensee
  • 16 Delegation of functions
• PART III Financial Obligations
  • 17 Capital requirements
  • 18 Financial statements
  • 18A Segregation of funds
• PART IV Winding-up of Licensees
  • 19 Definition
  • 20 Petition for compulsory winding-up
  • 21 Petition by Supervisor
  • 22 Petition by licensee
  • 23 Stay of legal process
  • 23A Assets of separate accounts to be kept separate in bankruptcy
  • 24 Margin of solvency
  • 24A Resident representative
  • 24A.1 Non-application to resident licensee
  • 24B Resident representative to report certain events
  • 24C Notice to resident representative
  • 25 Evidence
• PART V Management Companies and Ancillary Personnel
  • 26 Management services
  • 27 Management companies
  • 28 Registration of management companies
• PART VA Holding Companies and related matters
  • 28A Definition of holding company
  • 28B Resident citizen not required to hold shares
  • 28C Registration of holding companies
• PART VB Insurance Intermediaries (Insurance Managers, Brokers, Agents and Salesmen)
  • 28D Duty of managers
  • 28E Agency etc.
• PART VI Special Tax and other Exemptions
  • 29 Exemption from tax
  • 30 Exemption from withholding tax
  • 31 Exchange control exemption
  • 32 Guarantees
  • 33 Fixed deposits etc.
  • 34 Salary concessions
  • 35 Confidentiality
  • 35A Application of Cap. 73
  • 35B Repealed by 1994-12....
  • 35C Power to authorise the appointment of actuaries and auditors
• PART VII Miscellaneous
  • 35D Changes in directors
  • 36 Regulations
  • 37 Offences
  • 38 Offences
  • 39 Offences
  • 39A Penalties
  • 40 Non-application of specified enactments