Singapore legislation
Section 73
Section 73
Insurance by subsidiary proprietor
Amended by16/8716/87
(1)
Nothing in this Part shall limit or affect any right of a subsidiary proprietor to effect insurance.
Amended by16/87
(2)
Insurance effected by a subsidiary proprietor shall not affect, and shall not be taken into consideration in determining, the amount payable to a management corporation under a contract of insurance entered into between it and an insurer under this Part, notwithstanding anything in that contract of insurance.
Amended by16/87