Regulation 12

Obligation to furnish information to Authority

of Insurance (Approved Marine, Aviation and Transit Insurance Brokers and Approved Reinsurance Brokers) Regulations

Subsidiary LegislationIn forceProvision 12 of 23

Subregulation 1

An approved insurance broker shall, if notified in writing by the Authority, furnish the Authority with information about any matter related to its business carried on as an approved insurance broker.

Subregulation 2

Any approved insurance broker who contravenes paragraph (1) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000.

Read in full context — Insurance (Approved Marine, Aviation and Transit Insurance Brokers and Approved Reinsurance Brokers) Regulations →