/akn/sg/act/bill/1967/33

Insurance (Amendment) Bill

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Type
Bill
Status
In force
Enacted
1967
Sections
2

Quick answer

About this bill

Insurance (Amendment) Bill is Singapore Bill, cited as Bill 33 1967, currently marked in force and first recorded in 1967.

Clause 2

Amendment of section 7

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Section 7 of the Insurance Act, 1966, is hereby amended by inserting immediately after subsection (8) thereof the following new subsection: —“(9) (a) Notwithstanding anything contained in this Act or any written law, the provisions of subsection (3) of section 6 of this Act shall apply to a Singapore insurer whose application for registration has been refused under the provisions of section 4 of this Act as they apply to a Singapore insurer that is registered under this Act and the Accountant-General may, accordingly, retain the deposit, or part of it, of such first mentioned Singapore insurer for the purpose of and in accordance with the provisions for liabilities in respect of policies referred to in the said subsection (3) of section 6 of this Act.(b)This subsection shall be deemed to have come into operation on the 1st day of January 1967.”.

Common questions

What is Insurance (Amendment) Bill?
Insurance (Amendment) Bill is Singapore Bill, cited as Bill 33 1967, currently marked in force and first recorded in 1967.
Is Insurance (Amendment) Bill still in force?
Yes — Insurance (Amendment) Bill is currently in force.
When did Insurance (Amendment) Bill take effect?
Insurance (Amendment) Bill was first recorded in 1967.
How many clauses does Insurance (Amendment) Bill have?
Insurance (Amendment) Bill contains 2 clauses.
Where can I read the official version of Insurance (Amendment) Bill?
The official text of Insurance (Amendment) Bill is published at sso.agc.gov.sg.