PART IV
General EXEMPTIONS
16.  [Deleted by S 234/2013 wef 18/04/2013]
Exemption in respect of insurance funds
17.—(1)  Subject to paragraph (2), sections 17 (16) and 20 of the Act shall not apply to any marine mutual insurer.
(2)  Paragraph (1) shall only apply if the marine mutual insurer maintains such accounts and records of the insurance funds established and maintained by it under the Act as the Authority may specify.
Exemption from actuarial certification of liabilities
18.  Section 37 of the Act shall not apply to any marine mutual insurer.
19.  [Deleted by S 234/2013 wef 18/04/2013]