Singapore legislation
Regulation 7
of Insurance (General Provisions and Exemptions for Captive Insurers) Regulations 2018
Regulation 7
Exemption from section 39(1) and (3) of Act
Subregulation 1
A captive insurer is exempt from section 39(1) of the Act in respect of the following documents lodged by the captive insurer as specified in the direction issued by the Authority that is commonly known as MAS Notice 130 (called in this regulation MAS Notice 130), in accordance with section 36(3) and (3A) of the Act:
any report in Form A9;
any document specified as “Other Annual Returns”.
Subregulation 2
A captive insurer is exempt from section 39(3) of the Act in respect of any document lodged by the captive insurer with the Authority under section 36 of the Act or any document required by that section to accompany the document so lodged.
Subregulation 3
In this regulation, “Form A9” and “Other Annual Returns” have the meanings given to them in MAS Notice 130.