PART I
PRELIMINARY
Citation and commencement
1.  These Regulations may be cited as the Insurance (Protection and Indemnity Clubs) Regulations 2002 and shall come into operation on 1st October 2002.
Definitions
2.  In these Regulations —
“Protection and Indemnity Club” means an insurer registered under section 8 of the Act as a direct insurer to carry on general class of insurance business who is permitted under his licence to carry on protection and indemnity insurance business only;
“protection and indemnity insurance business” means the business of insuring against third party liabilities and expenses arising from owning, or operating, ships as principals.
[S 587/2002 wef 21/11/2002]