Regulation 4
Registration of member of Lloyd’s
of Insurance (Lloyd’s Asia Scheme) Regulations
Subsidiary LegislationIn forceProvision 10 of 44
Regulation 4
Subregulation 1
A member of Lloyd’s who wishes to carry on insurance business in Singapore under these Regulations shall apply to be registered with the administrator.
Subregulation 2
An application for registration under paragraph (1) shall be in such form and contain such particulars as the administrator may determine.
Subregulation 3
Upon receiving an application under paragraph (1), the administrator shall not register the applicant unless the administrator is satisfied —
(a)
that the applicant is a member of Lloyd’s; and
(b)
that the applicant has appointed one or more Service Companies through which he or it intends to carry on insurance business in Singapore.