Financial Services Act 2013 s 77
s 77 Cessation as appointed actuary
A person shall cease to be the appointed actuary of a licensed insurer if—
(a) such person resigns from office;
(b) the licensed insurer terminates his appointment; or
(c) such person, in the opinion of the Bank, no longer meets the requirements or cease to have the qualifications as may be specified by the Bank under subsection 74(2).
Malay text (authoritative)
Pemberhentian sebagai aktuari yang dilantik
Seseorang itu hendaklah terhenti menjadi aktuari yang dilantik bagi penanggung insurans berlesen sekiranya—
(a) orang itu telah meletak jawatan;
(b) penanggung insurans berlesen itu menamatkan pelantikannya; atau
(c) orang itu, pada pendapat Bank, tidak lagi memenuhi kehendak atau tidak lagi mempunyai kelayakan sebagaimana yang ditentukan oleh Bank di bawah subseksyen 74(2).
Read this section in the full act → · Open Division 5 →
Find Act 758 on lom.agc.gov.my ↗
Source: Laws of Malaysia, Attorney General's Chambers of Malaysia (lom.agc.gov.my). Not a copy of the Gazette printed by the Government Printer (Interpretation Acts 1948 and 1967, s 61).