Singapore legislation
Regulation 8
of Merchant Shipping (Maritime Labour Convention) (Financial Security) Regulations 2017
Regulation 8
Cancellation or termination of financial security contract for death or long‑term disability
Subregulation 1
A shipowner must notify the seafarers to whom a financial security contract for death or long‑term disability relates of the cancellation or termination of the financial security contract for death or long‑term disability, at least 30 days before such cancellation or termination.
Subregulation 2
An approved financial security provider must notify the Director in writing of the cancellation or termination of any financial security contract for death or long‑term disability, at least 30 days before such cancellation or termination.