Comparison View

Formal Consolidation |  2002 RevEd
Interpretation of this Part
35A.  In this Part —
“administrator” means an administrator appointed by the Authority under section 35C in respect of a foreign insurer scheme;
“agent”, in relation to a foreign insurer, means an agent in respect of the carrying on of insurance business in Singapore by the foreign insurer, with authority to enter into contracts of insurance on behalf of the foreign insurer;
“foreign insurer” means an insurer —
(a)that is authorised under the law of another country or territory to carry on insurance business in that country or territory; and
(b)that is not registered as an insurer under section 8;
“foreign insurer scheme” means any foreign insurer scheme referred to in section 35B.
[41/2001]
Informal Consolidation | Amended Act 11 of 2013
Interpretation of this Part
35A.  In this Part —
“administrator” means an administrator appointed by the Authority under section 35C in respect of a foreign insurer scheme;
“agent”, in relation to a foreign insurer, means an agent in respect of the carrying on of insurance business in Singapore by the foreign insurer, with authority to enter into contracts of insurance on behalf of the foreign insurer;
“chief executive officer”, in relation to an administrator or an agent for any foreign insurer carrying on insurance business in Singapore under a foreign insurer scheme, means any person, by whatever name described, who is employed by the administrator or the agent, as the case may be, to be principally responsible for the management and conduct of its business.
[Act 11 of 2013 wef 18/04/2013]
[Deleted by Act 11 of 2013 wef 18/04/2013]
[Deleted by Act 11 of 2013 wef 18/04/2013]