Singapore legislation

Clause 4

of Insurance (Amendment) Bill

Clause 4

Amendment of section 13

Section 13 of the Insurance Act is amended —

(a)

by inserting, immediately after “$500,000” at the end of subsection (1), the words “or such other amount as may be prescribed”; and

(b)

by inserting, immediately after “$500,000” in the third line of subsection (5), the words “or the amount prescribed”.