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← Insurance Act 1966

Insurance Act 1966 s 109

s 109 Interpretation of this Part

109. In this Part, unless the context otherwise requires —“enforce” means enforce through criminal, civil or administrative proceedings; “enforcement” means the taking of any action to enforce a law or regulatory requirement against a specified person, being a law or regulatory requirement that relates to the insurance industry in the foreign country of the regulatory authority concerned; “investigation” means an investigation to determine if a specified person has contravened or is contravening a law or regulatory requirement, being a law or regulatory requirement that relates to the insurance industry in the foreign country of the regulatory authority concerned; “material” includes any information, book, document or other record in any form whatsoever, and any container or article relating thereto; “prescribed written law” means this Act, or any of the following written laws and any subsidiary legislation made under this Act:(a) Banking Act 1970; (b) Finance Companies Act 1967; (c) Financial Advisers Act 2001; (ca) Financial Services and Markets Act 2022;[Act 18 of 2022 wef 28/04/2023] (d) Monetary Authority of Singapore Act 1970; (e) Payment Services Act 2019; (f) Securities and Futures Act 2001; or (g) any other Act that the Authority may prescribe; “regulatory authority”, in relation to a foreign country, means an authority of the foreign country exercising any function that corresponds to a regulatory function of the Authority under this Act; “supervision”, in relation to a regulatory authority, means the taking of any action for or in connection with the supervision of a subject matter in the foreign country of the regulatory authority similar to that to which this Act pertains.[49A [11/2013; 2/2019]

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

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