Regulation 1
Citation
These Regulations may be cited as the Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations.
/akn/sg/act/sub_leg/2001/FAA-RG4
Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations
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- Type
- Subsidiary Legislation
- Status
- In force
- Enacted
- 2001
- Sections
- 2
Quick answer
About this subsidiary legislation
Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FAA-RG4 2001, currently marked in force and first recorded in 2001.
Regulation 2
Insurance broking premium accounts
Any moneys held in any insurance broking premium account maintained by an insurance broker under section 22 of the repealed Insurance Intermediaries Act (Cap. 142A, 2000 Ed.) shall, on 1st October 2002 —
(a)
where the moneys are held in any account maintained by an insurance broker registered under the repealed Insurance Intermediaries Act as a direct life insurance broker, be deemed to be held in the insurance broking premium account maintained by it under section 32 of the Financial Advisers Act; and
(b)
where the moneys are held in any account maintained by an insurance broker registered under the repealed Insurance Intermediaries Act as a direct general insurance broker, a life reinsurance broker or a general reinsurance broker, be deemed to be held in the respective insurance broking premium account maintained by it under section 35ZD of the Insurance Act (Cap. 142).
Common questions
- What is Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations?
- Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations is Singapore Subsidiary Legislation, cited as Subsidiary Legislation FAA-RG4 2001, currently marked in force and first recorded in 2001.
- Is Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations still in force?
- Yes — Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations is currently in force.
- When did Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations take effect?
- Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations was first recorded in 2001.
- How many regulations does Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations have?
- Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations contains 2 regulations.
- Where can I read the official version of Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations?
- The official text of Financial Advisers (Insurance Broking Premium Accounts) (Transitional and Savings Provisions) Regulations is published at sso.agc.gov.sg.