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← Insurance Act 1966

Insurance Act 1966 s 12

s 12 Annual fees of licensed insurers

12.—(1) Every licensed insurer must pay to the Authority such annual fees as may be prescribed.[23/2003; 11/2013] (2) The Authority may prescribe different annual fees for different classes of insurance business or for different types of licensed insurers.[23/2003; 11/2013] (3) The Authority may, where it considers appropriate in a particular case, waive, refund or remit the whole or any part of any annual fee paid or payable under subsection (1).[11 [11/2013]

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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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