Singapore legislation

Clause 2

of Financial Advisers (Amendment) Bill

Clause 2

Amendment of section 2

Section 2(1) of the Financial Advisers Act (referred to in this Act as the principal Act) is amended —

(a)

by inserting, immediately after the words “Insurance Act (Cap. 142)” in the definition of “life policy”, the words “, but does not include any contract of reinsurance”; and

(b)

by deleting the words “an individual” in the definition of “representative” and substituting the words “a person”.

Clause 2 — Financial Advisers (Amendment) Bill | laws.sg