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← Insurance Act 1966

Insurance Act 1966 s 106

s 106 Remuneration and expenses of Authority and others in certain cases

106. The Authority may at any time fix the remuneration and expenses to be paid by a licensed insurer —(a) to a statutory manager appointed in relation to a licensed insurer, whether or not the appointment has been revoked; and (b) where the Authority has assumed control of the relevant business of the licensed insurer, to the Authority and any person employed or authorised by the Authority under section 137 in relation to its assumption of control of the relevant business, whether or not the Authority has ceased to be in control of the relevant business.[41D [16/2011; 11/2013]

Read this section in the full act → · Open Division 3 →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. Read the official text ↗

Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.

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