Singapore legislation
Clause 24
Clause 24
Repeal and re-enactment of section 33
Section 33 of the Insurance Act is repealed and the following section substituted therefor:“General obligation to furnish information
33. The Authority may, by notice in writing —
(a)
require any Singapore insurer to furnish it with information about any matter related to any business carried on by the insurer in Singapore or elsewhere; or
(b)
require any authorised reinsurer to furnish it with information about any matter related to any insurance business in respect of which it is authorised,if, in the opinion of the Authority, it requires that information for the discharge of its functions under this Act.”.