Clause 32
Amendment of section 35W
BillNot in forceProvision 32 of 58
Clause 32
Section 35W of the Insurance Act is amended by deleting subsection (1) and substituting the following subsection:“(1) No person shall carry on business as any type of insurance broker in Singapore unless —
(a)
the person is registered by the Authority as that type of insurance broker; or
(b)
the person is exempted from registration under section 35ZN.”.