All parliamentary appearances
Entries 15671 to 15680 of 17799.
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1 Oct 2013 in National Assembly:
Clause 12 seeks to amend Clause 169 of the principal Act. Basically, it provides for the position of a Vice-Chair in the Insurance Tribunal.
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1 Oct 2013 in National Assembly:
Clause 14 seeks to amend Section 174 of the principal Act. Basically, this aligns this section with the new Constitution because of what the Chair said. There is a defined and a fundamental shift of the roles of the Attorney-General and the Director of Public Prosecution. So, Clause 14 is amending Section 174 of the principal Act. It is doing what the Chair very ably expounded on - to be in line with the Constitution.
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1 Oct 2013 in National Assembly:
Clause 15 seeks to amend Section 179 of the principal Act. Basically, it replaces Sub-section 179(1). It talks about compensation, claimants of an insolvent insurance company and the policy holders. It talks about how to wind up an insurance company.
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1 Oct 2013 in National Assembly:
Clause 16 seeks to amend Section 197A of the principal Act by deleting item (b). Basically, they are trying to remove the reinsurance premium levy which was there before.
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1 Oct 2013 in National Assembly:
Finally, Clause 18 seeks to amend Section 204 of the principal Act to be in line with the Constitution. Again, as the Chair has put it very well, the prosecution powers of the Attorney-General have shifted to the DPP.
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1 Oct 2013 in National Assembly:
Clause 17 seeks to amend Section 203 of the principal Act by deleting the words “where the claimant has submitted all the relevant documents in the opening statement”.
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1 Oct 2013 in National Assembly:
The insurance industry is a huge industry in our country. I am sure that in the honest opinion of the Eleventh Parliament, these are the amendments that have been done to the principal Act. I will request the Chair that when we are in the Committee Stage, Parliament should provide the principal Insurance Act so that, as Members debate the amendments they can have the benefit of looking at both the existing principal Act and the amendments to that Act. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be ...
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1 Oct 2013 in National Assembly:
Hon. Temporary Deputy Speaker, Sir, I pray that this trend will change; that Members will walk in when there are serious Bills which are being amended. I want to thank the Members who are now in the House. They are the serious law makers. I would like to tell my colleagues that we are supposed to deal with the law - both the Private Members’ Bill or Government Bills - that will come before this House. Of course, Motions are part of the business of the House.
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1 Oct 2013 in National Assembly:
Hon. Temporary Deputy Speaker, Sir, I humbly second the Insurance (Amendment) Bill, 2013.
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1 Oct 2013 in National Assembly:
Thank you, hon. Temporary Deputy Speaker. I rise to support this very important amendment Bill for two reasons. The first reason is that this Bill brings the very good element of a tighter regulation in the insurance industry, which does two very important things. The first one is protection of the interests of the clients of insurance companies by ensuring timely and speedy resolution of matters concerning compensation. This is very important, knowing that many complaints that are pending before our law courts today concern issues of clients not getting sufficient compensation from their insurers or being of the feeling ...
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