Insurance (Applications and Fees) (Amendment) Regulations, 2013
SpentGazette No. 73 dated 11th September, 2013.
THE INSURANCE LAW, 2010 (LAW 32 OF 2010)
THE INSURANCE (APPLICATIONS AND FEES) (AMENDMENT) REGULATIONS, 2013
The Insurance (Applications and Fees) (Amendment) Regulations, 2013
THE INSURANCE LAW, 2010 (LAW 32 OF 2010)
THE INSURANCE (APPLICATIONS AND FEES) (AMENDMENT) REGULATIONS, 2013 In exercise of the powers conferred by section 40 of the Insurance Law, 2010, the Governor in Cabinet makes the following Regulations - These Regulations may be cited as the Insurance (Applications and Fees) (Amendment) Regulations, 2013. The Insurance (Applications and Fees) Regulations, 2012 are amended in Schedule 2 as follows - (a) by deleting the word “and” appearing at the end of paragraph (c) of the Exceptions; and (b) by inserting after paragraph (c) of the Exceptions, the following paragraph - “(ca) where the holder of a licence is a segregated portfolio company as defined in the Companies Law (2012 Revision), such holder shall, on paying the annual licence fee hereinbefore prescribed, pay an additional annual licence fee of $250 in respect of each segregated portfolio; and”.
Made in Cabinet the 3rd day of September, 2013.
Carmena Watler
Acting Clerk of the Cabinet. Citation Amendment of Schedule 2 to the Insurance (Applications and Fees) Regulations, 2012 - licence fees and annual fees