Singapore legislation
Clause 32
Clause 32
Obligations of designated insurer
(1)
A designated insurer must comply with every —
condition imposed on the designated insurer under section 31;
direction of the Commissioner given to the designated insurer under this Act; and (c)requirement under this Act that applies to the designated insurer.
(2)
Despite the suspension of a person’s designation as a designated insurer, the designated insurer must continue to comply with every condition, direction and requirement mentioned in subsection (1) in respect of the following unless the Commissioner directs otherwise:
every approved policy and every insurance policy that purports to insure an employer’s liability to pay compensation under this Act, issued by that insurer before that suspension; (b)any payment insured, or purportedly insured, under such an insurance policy.
(3)
The expiry, suspension or cancellation of the designation of a designated insurer does not prejudice the enforcement of any right or claim in relation to the matters mentioned in subsection (2)(a) and (b) —
by any person against the insurer; and
by the insurer against any person.