No. S 747
|Insurance (Intermediaries) (Amendment) Regulations 2007|
|Citation and commencement|
|1. These Regulations may be cited as the Insurance (Intermediaries) (Amendment) Regulations 2007 and shall come into operation on 1st January 2008.|
|Amendment of regulation 2|
|2. Regulation 2(1) of the Insurance (Intermediaries) Regulations (Rg 16) (referred to in these Regulations as the principal Regulations) is amended by inserting, immediately after the definition of “exempt reinsurance broker”, the following definition:|
|Amendment of regulation 15|
|3. Regulation 15 (1) of the principal Regulations is amended by deleting the words “Protection and Indemnity Club” in sub-paragraph (a) and substituting the words “marine mutual insurer”.|
|Amendment of Schedule|
|4. The Schedule to the principal Regulations is amended by deleting the words “Protection and Indemnity Clubs” wherever they appear in Forms D and I and substituting in each case the words “marine mutual insurers”.|
Made this 27th day of December 2007.
Monetary Authority of Singapore.
|[CMI FA 0116/2003; AG/LEG/SL/142/2002/1 Vol. 10]|