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Clause 1 sets out the short title of the legislation. Clause 2 seeks to amend section 20 of the principal Law to require an auditor to give notice to the Authority where the auditor suspects that Part 8 of the Limited Liability Partnership Law, 2017 is being contravened by a licensee who is a \u201ccorporate services provider\u201d as defined in that Part. Clause 3 seeks to amend section 21 of the principal Law to require an insurance manager to give notice to the Authority if the insurance manager suspects that Part 8 of the Limited Liability Partnership Law, 2017 is being contravened. Clause 4 seeks to amend section 24 of the principal Law to enable the Authority to sanction a licensee that contravenes Part 8 of the Limited Liability Partnership Law, 2017. Insurance (Amendment) Bill, 2019 Arrangement of Clauses Introduced INSURANCE (AMENDMENT) BILL, 2019 Arrangement of Clauses Clause 1. 2. 3.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_4\", \"num\": \"4.\", \"text\": \"Insurance (Amendment) Bill, 2019 Clause 1 Introduced INSURANCE (AMENDMENT) BILL, 2019 A BILL FOR A LAW TO AMEND THE INSURANCE LAW, 2010 TO REQUIRE LICENSEES PROVIDING COMPANY MANAGEMENT SERVICES TO COMPLY WITH PART 8 OF THE LIMITED LIABILITY PARTNERSHIP LAW, 2017; AND FOR INCIDENTAL AND CONNECTED PURPOSES ENACTED by the Legislature of the Cayman Islands.\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_1\", \"num\": \"1.\", \"text\": \"Short title 1. This Law may be cited as the Insurance (Amendment) Law, 2019\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_2\", \"num\": \"2.\", \"text\": \"Amendment of section 20 of the Insurance Law, 2010 - duties of auditor 2. The Insurance Law, 2010, in this Law referred to as \u201cthe principal Law\u201d, is amended in section 20(1)(e)(ia) by deleting the words \u201cPart XVIIA of the Companies Law (2016 Revision) or Part 12 of the Limited Liability Companies Law, 2016,\u201d and substituting the words \u201cPart XVIIA of the Companies Law (2018 Revision), Part 12 of the Limited Liability Companies Law (2018 Revision) or Part 8 of the Limited Liability Partnership Law, 2017,\u201d. Clause 3 Insurance (Amendment) Bill, 2019 Introduced\", \"element\": \"section\", \"heading\": null}, {\"eId\": \"sec_3\", \"num\": \"3.\", \"text\": \"Amendment of section 21 - insurance managers 3. The principal Law is amended in section 21(2)(g) by repealing subparagraph (ia)  and substituting the following subparagraph \u2014 \u201c(ia) Part XVIIA of the Companies Law (2018 Revision), Part 12 of the Limited Liability Companies Law (2018 Revision) or Part 8 of the Limited Liability Partnership Law, 2017;\u201d. 4. 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AND FOR\nINCIDENTAL AND CONNECTED PURPOSES\u2000\n\nPage 2\nIntroduced\nc\n\nPUBLISHING DETAILS\nSponsoring Ministry\/Portfolio: Ministry of Financial Services and Home Affairs\n(FSHA)\n\nInsurance (Amendment) Bill, 2019\nObjects and Reasons\n\nc\nIntroduced\nPage 3\n\nMemorandum of\nOBJECTS AND REASONS\nThis Bill seeks to amend the Insurance Law, 2010 (\u201cthe principal Law\u201d) to require\ninsurance licensees to comply with the requirements of Part 8 of the Limited Liability\nPartnership Law, 2017 and to provide for incidental and connected purposes.\nClause 1 sets out the short title of the legislation.\nClause 2 seeks to amend section 20 of the principal Law to require an auditor to give notice\nto the Authority where the auditor suspects that Part 8 of the Limited Liability Partnership\nLaw, 2017 is being contravened by a licensee who is a \u201ccorporate services provider\u201d as\ndefined in that Part.\nClause 3 seeks to amend section 21 of the principal Law to require an insurance manager\nto give notice to the Authority if the insurance manager suspects that Part 8 of the Limited\nLiability Partnership Law, 2017 is being contravened.\nClause 4 seeks to amend section 24 of the principal Law to enable the Authority to sanction\na licensee that contravenes Part 8 of the Limited Liability Partnership Law, 2017.\n\nInsurance (Amendment) Bill, 2019\nArrangement of Clauses\n\nc\nIntroduced\nPage 5\n\nCAYMAN ISLANDS\n\nINSURANCE (AMENDMENT) BILL, 2019\n\nArrangement of Clauses\nClause\nPage\n1.\nShort title ...................................................................................................................................7\n2.\nAmendment of section 20 of the Insurance Law, 2010 - duties of auditor ...................................7\n3.\nAmendment of section 21 - insurance managers .......................................................................8\n4.\nAmendment of section 24 - powers of the Authority ...................................................................8\n\nInsurance (Amendment) Bill, 2019\nClause 1\n\nc\nIntroduced\nPage 7\n\nCAYMAN ISLANDS\n\nINSURANCE (AMENDMENT) BILL, 2019\n\nA BILL FOR A LAW TO AMEND THE INSURANCE LAW, 2010 TO REQUIRE\nLICENSEES PROVIDING COMPANY MANAGEMENT SERVICES TO COMPLY WITH\nPART 8 OF THE LIMITED LIABILITY PARTNERSHIP LAW, 2017; AND FOR\nINCIDENTAL AND CONNECTED PURPOSES\nENACTED by the Legislature of the Cayman Islands.\n1.\nShort title\n1.\nThis Law may be cited as the Insurance (Amendment) Law, 2019\n2.\nAmendment of section 20 of the Insurance Law, 2010 - duties of auditor\n2.\nThe Insurance Law, 2010, in this Law referred to as \u201cthe principal Law\u201d, is amended\nin section 20(1)(e)(ia) by deleting the words \u201cPart XVIIA of the Companies Law\n(2016 Revision) or Part 12 of the Limited Liability Companies Law, 2016,\u201d and\nsubstituting the words \u201cPart XVIIA of the Companies Law (2018 Revision), Part 12\nof the Limited Liability Companies Law (2018 Revision) or Part 8 of the Limited\nLiability Partnership Law, 2017,\u201d.\n\nClause 3\nInsurance (Amendment) Bill, 2019\n\nPage 8\nIntroduced\nc\n\n3.\nAmendment of section 21 - insurance managers\n3.\nThe principal Law is amended in section 21(2)(g) by repealing subparagraph (ia)  and\nsubstituting the following subparagraph \u2014\n\u201c(ia) Part XVIIA of the Companies Law (2018 Revision),\nPart 12 of the Limited Liability Companies Law\n(2018 Revision) or Part 8 of the Limited Liability\nPartnership Law, 2017;\u201d.\n4.\nAmendment of section 24 - powers of the Authority\n4.\nThe principal Law is amended in section 24(1)(d) by deleting the words \u201cPart XVIIA\nof the Companies Law (2016 Revision), Part 12 of the Limited Liability Companies\nLaw, 2016,\u201d and substituting the words \u201cPart XVIIA of the Companies Law (2018\nRevision), Part 12 of the Limited Liability Companies Law (2018 Revision) or Part 8\nof the Limited Liability Partnership Law, 2017\u201d.\n\nPassed by the Legislative Assembly the      day of                  , 2019.\n\nSpeaker\n\nClerk of the Legislative Assembly","akn_extracted_at":"2026-06-22 15:41:18.550003+00","cms_id":"2019-0015","law_type":"bill","year":"2019","number":"15","title":"Beneficial Ownership (Limited Liability Partnership) Regulations","status":"bill"},"provenance":{"files":[{"file_id":"6985","expr_id":"2186","kind":"akn_xml","filename":"2019-0015.akn.xml","source_url":null,"storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2019\/2019-0015\/2019-0015.akn.xml","content_md5":"5cb05d9314e6994316da8f673f599382","byte_size":"6617","http_last_modified":null,"fetched_at":"2026-06-22 15:41:18.596463+00"},{"file_id":"4371","expr_id":"2186","kind":"pristine_pdf","filename":"2019-0015.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2019\/2019-0015\/2019-0015.pdf","storage_path":"\/Users\/q\/kyleg-data\/pristine\/BILLS\/2019\/2019-0015\/2019-0015.pdf","content_md5":"bcafbcd540b0e889b1b40eb5b52a828c","byte_size":"655975","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.276476+00"},{"file_id":"4372","expr_id":"2186","kind":"working_pdf","filename":"2019-0015.pdf","source_url":"\/cms\/images\/LEGISLATION\/BILLS\/2019\/2019-0015\/2019-0015.pdf","storage_path":"\/Users\/q\/kyleg-data\/working\/BILLS\/2019\/2019-0015\/2019-0015.pdf","content_md5":"bcafbcd540b0e889b1b40eb5b52a828c","byte_size":"655975","http_last_modified":null,"fetched_at":"2026-06-16 04:01:11.276476+00"}],"paragraph_count":13,"latest_history":null},"quality":{"expr_id":"2186","doc_id":"2186","quality_state":"known_issue","quality_score":"59","needs_human_review":"t","deterministic_categories":"{duplicate_text,page_header_footer_noise,title_mismatch}","llm_categories":"{}","repair_actions":"{collapse_duplicate_text,strip_page_furniture,verify_title_metadata}","finding_severity_counts":"{\"low\": 1, \"high\": 1, \"medium\": 1}","finding_summary":"stored title is not visible in the opening extracted text; 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