Regulation 7
Amounts prescribed for purposes of section 61(2)(b), (3) and (4) of Act
of Insurance (General Provisions) Regulations
Subsidiary LegislationIn forceProvision 7 of 13
Regulation 7
Amended byS 389/2009 wef 01/09/2009
Subregulation 1
For the purposes of section 61(2)(b) and (3) of the Act, the amount prescribed is $150,000.
Subregulation 2
Amended byS 389/2009 wef 01/09/2009
For the purposes of section 61(4) of the Act, the amount prescribed is $50,000.