8 Jun 2022 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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8 Jun 2022 in National Assembly:
THAT, Clause 19(1) of the Bill be amended — (a) in paragraph (b) by inserting the words “insurance professionals” immediately after the word “to”; (b) in paragraph (c) by inserting the words “for insurance professionals” immediately after the word “requirements”; and
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8 Jun 2022 in National Assembly:
(c) in paragraph (d) by inserting the words “for insurance professionals” immediately after the word “examinations”. The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor.
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8 Jun 2022 in National Assembly:
The amendment cleans up the whole Bill. This was based on what Members deliberated on, when we were going through the Second Reading. Therefore, we are cleaning up the Bill, so that it makes a lot of sense.
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8 Jun 2022 in National Assembly:
Hon. Temporary Deputy Chairman, I will propose a new clause. If you look at my amendment, you will agree with me that I had also proposed to delete Clause 20 and introduce a new clause which I want to move. Can I do it?
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8 Jun 2022 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:
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8 Jun 2022 in National Assembly:
THAT, Clause 21 of the Bill be amended by inserting the following new sub-clause immediately after sub-clause (2) —
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8 Jun 2022 in National Assembly:
(2) Despite subsection (1) and subsection (2) a person who is duly registered as an agent under the Insurance Act, shall be deemed not to be in breach of Section 20 where they sell The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor.
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8 Jun 2022 in National Assembly:
or market insurance products or services either on their own account, or on behalf of an insurer, a re-insurer, an insurance broker or in association with others.
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