No. S 677
Insurance Act
(Chapter 142)
Insurance (Amendment) Regulations 2003
In exercise of the powers conferred by section 64 of the Insurance Act, the Monetary Authority of Singapore hereby makes the following Regulations:
Citation and commencement
1.  These Regulations may be cited as the Insurance (Amendment) Regulations 2003 and shall come into operation on 1st January 2004.
Amendment of regulation 3
2.  Regulation 3(2) of the Insurance Regulations (Rg 1) is amended by inserting, immediately after the words “life business”, the words “(other than an insurance fund established and maintained for investment-linked policies)”.
Amendment of regulation 16
3.  Regulation 16 of the Insurance Regulations is amended by deleting the words “section 17 (1) (a) of the Act” in the definition of “Singapore Insurance Fund” and substituting the words “section 17 of the Act, other than an insurance fund established and maintained for investment-linked policies”.
Deletion of Parts VA, VI and VII
4.  Parts VA, VI and VII of the Insurance Regulations are deleted.
[G.N. Nos. S 583/99; S 16/2002; S 466/2002; S 586/2002]

Made this 22nd day of December 2003.

KOH YONG GUAN
Managing Director,
Monetary Authority of Singapore.
[ID 05.1 V.30; AG/LEG/SL/142/2002/1 Vol. 3]