Registration of member of Lloyd’s
4.—(1)  A member of Lloyd’s who wishes to carry on insurance business in Singapore under these Regulations shall apply to be registered with the administrator.
(2)  An application for registration under paragraph (1) shall be in such form and contain such particulars as the administrator may determine.
(3)  Upon receiving an application under paragraph (1), the administrator shall not register the applicant unless the administrator is satisfied —
(a)that the applicant is a member of Lloyd’s; and
(b)that the applicant has appointed one or more Service Companies through which he or it intends to carry on insurance business in Singapore.