Interpretation of this Part
109.  In this Part, unless the context otherwise requires —
“enforce” means enforce through criminal, civil or administrative proceedings;
“enforcement” means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to the insurance industry in the foreign country of the regulatory authority concerned;
“investigation” means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to the insurance industry in the foreign country of the regulatory authority concerned;
“material” includes any information, book, document or other record in any form whatsoever, and any container or article relating thereto;
“prescribed written law” means this Act, or any of the following written laws and any subsidiary legislation made under this Act:
(a)Banking Act 1970;
(b)Finance Companies Act 1967;
(c)Financial Advisers Act 2001;
(d)Monetary Authority of Singapore Act 1970;
(e)Payment Services Act 2019;
(f)Securities and Futures Act 2001; or
(g)any other Act that the Authority may prescribe;
“regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act;
“supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of a subject matter in the foreign country of the regulatory authority similar to that to which this Act pertains.
[49A
[11/2013; 2/2019]