Approval of insurance broker
4.—(1)  The Minister or an authorised body may, upon application by a company that is a direct insurance broker, general reinsurance broker or life reinsurance broker and if the Minister or the authorised body (as the case may be) considers it expedient in the public interest to do so, approve the company as an approved insurance broker.
[S 941/2022 wef 06/12/2022]
(2)  Any approval granted under paragraph (1) is for a period of 5 years.
(3)  [Deleted by S 8/2019 wef 01/04/2018]