Insurance Act |
Insurance (Investment-Linked Life Insurance) (Amendment) Regulations 2003 |
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Citation and commencement |
1. These Regulations may be cited as the Insurance (Investment-Linked Life Insurance) (Amendment) Regulations 2003 and shall come into operation on 1st January 2004. |
Deletion of regulations 2 and 3 and substitution of regulation 2 |
2. The Insurance (Investment-Linked Life Insurance) Regulations (Rg 4) (referred to in these Regulations as the principal Regulations) are amended by deleting regulations 2 and 3 and substituting the following regulation:
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Amendment of regulation 5 |
3. Regulation 5 of the principal Regulations is amended —
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Deletion of regulations 7 and 8 |
4. Regulations 7 and 8 of the principal Regulations are deleted. |
Amendment of regulation 9 |
5. Regulation 9 of the principal Regulations is amended by deleting the words “investment-linked life insurance policies” wherever they appear in paragraphs (1), (3), (4) and (6) and substituting in each case the words “investment-linked policies”. |
Deletion of regulation 14 |
6. Regulation 14 of the principal Regulations is deleted. |
Miscellaneous amendments |
7. The principal Regulations are amended by deleting the words “investment-linked life insurance policy” in the following provisions and substituting in each case the words “investment-linked policy”:
[G.N. No. S 553/96] |
Managing Director, Monetary Authority of Singapore. |
[ID 05.1 V.30; AG/LEG/SL/142/2002/1 Vol. 3] |