In forceAmended2004 Revised EditionCurrent version · 2004 Revised EditionSee versions on Singapore Statutes Online(opens the publisher’s site)
5. Net asset value
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Last amended by an amending law of 2022.
For the purposes of section 81 of the Act, the net asset value to be maintained at all times by any registered insurance broker shall be an amount that is not less than 50% of the minimum paid-up share capital required to be maintained by the registered insurance broker under regulation 3(3).