Comparison View

Formal Consolidation |  Amended Act 11 of 2013
Cessation of moratorium, etc., under this Part
49FU.—(1)  The Minister may, by order published in the Gazette, direct that section 49FH, 49FK(13) or 49FN(13), or any provision thereof, shall cease to apply to any licensed insurer, any business (or any part thereof) of any licensed insurer or any share in any licensed insurer and on the date specified by the Minister in the order, the relevant section, or the provision thereof, shall cease to apply to the licensed insurer, the business (or the part thereof) of the licensed insurer or the share in the licensed insurer, as the case may be.
[16/2011 wef 01/05/2011]
[Act 11 of 2013 wef 18/04/2013]
(2)  In this section, “business” includes affairs, property, right, obligation and liability.
[16/2011 wef 01/05/2011]
Informal Consolidation | Amended Act 31 of 2017
49FU.  [Repealed by Act 31 of 2017 wef 29/10/2018]