2. In these Regulations, unless the context otherwise requires —
“appointed insurer” has the same meaning as in section 40 of the Act;
“assigned insurer”, in relation to a member, means the appointed insurer to whom the member was assigned by the Board and with whom the member is insured after the implementation date;
“free cover” means the free insurance cover provided under regulation 6;
“future liability” means the Board’s liability under the Scheme as at the date immediately before the implementation date and as set out in insurance covers in force on the day before the implementation date, in respect of —
(a)
insured events arising on or after the implementation date but before the expiry of such insurance covers; and
(b)
insured events arising before the implementation date for which claims are submitted on or after 17th September 2006,
and includes the insurance covers issued under the Scheme in respect of which such liability may arise;
“implementation date” means the date specified in regulation 3 of the Central Provident Fund (Dependants’ Protection Insurance Scheme — Transfer of Liabilities) Regulations (Rg 32) for the transfer of the Board’s future liability to the appointed insurers;
“premium discount” means the premium discount applicable before the implementation date and provided under regulation 5;
“Scheme” has the same meaning as in section 40 of the Act.