Singapore legislation

Section 11

of Medi Shield Life Scheme Act 2015

Section 11

Demand note

(1)

If the whole or any part of the premium payable for an insurance period remains unpaid at the expiry of such period as the Board may permit (being not less than one month) after the beginning of that insurance period —

(a)

interest may be imposed from time to time on any outstanding premium for that insurance period (excluding any penalty imposed under section 17), to run from the beginning of that insurance period or from such later period as the Board may determine at the prescribed rates; and

(b)

sections 12 to 16 may be applied to the outstanding premium.

(2)

A recovery body must serve a demand note on a defaulter liable to pay any outstanding premium —

(a)

if any interest or penalty is to be imposed on the defaulter under subsection (1)(a) or section 17, as the case may be; and

(b)

before any power under section 12, 13, 14, 15 or 16 is exercised to recover that outstanding premium from the defaulter.

(3)

A demand note must state —

(a)

the outstanding premium which is payable by the defaulter; and

(b)

any interest imposed under subsection (1)(a) and any penalty imposed under section 17.

(4)

This Part applies to an outstanding premium despite any appeal pending against liability to pay the whole or any part of that outstanding premium.

Read in full context — Medi Shield Life Scheme Act 2015 →