Singapore legislation
Clause 19
Clause 19
Amendment of section 55
Section 55 of the Insurance Act is amended —
(a)
by deleting “34(6),” in subsection (1)(a);
(b)
by inserting, immediately after the word “Act” in the second line of subsection (2), the following words:“or any regulations made thereunder or any direction issued by the Authority under section 62(2)”; and
(c)
by inserting, immediately after the word “Act” in the first line of subsection (4), the words “or any regulations made thereunder”.