27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 54 of the Bill be amended in the proposed section 71(3) of the Insurance Act by deleting the words “sections 166, 167, 169 and 170” appearing immediately after the words “sections” and substituting therefore the words “165, 166, 168 and 169”. Again, these are cross-referencing errors that were changed in the Companies Bill. So, we are seeking to align this with the Companies Bill and the consequential amendments Bill.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 59 of the Bill be amended in the proposed Section 122 of the Insurance Act by deleting the words “Section 383” appearing immediately after the words “purpose of” and substituting therefor the words “Section 384”. We are seeking to align the cross-references that were changed in the Companies Bill, 2015 with this Bill.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 60 of the Bill be amended in the proposed Section 123 of the Insurance Act— (a) in subsection (1)(b) by deleting the words “Section 383” appearing immediately after the words “meaning of” and substituting therefor the words “Section 384”; (b) in subsection (1)(c) by inserting the words “expectations of policy holders or potential policy holders;” immediately after the word “reasonable”. The import of the first amendment, which is (a) of Clause 60, is to realign it with the Companies Bill as a result of the changes that we made during ...
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 65 of the Bill be amended in the proposed section 153 (2) of the Insurance Act by deleting the word “can” appearing immediately after the word “broker” and substituting therefor the words “shall be”. We are seeking to remove the word “can” and substitute therefor the words “shall be” for purposes of consistency and clarity within the clause itself.
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27 Aug 2015 in National Assembly:
I realise that, Hon. Temporary Deputy Chairman. I was concentrating on the next amendment. The previous clause did not have any amendment. I realised that my
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 74 of the Bill be amended in the proposed Section 205(a) of the Insurance Act by deleting the words “Part 7 of the First Schedule to” appearing immediately after the words “commencement of”. The import of this amendment is to delete the words “Part 7 of the First Schedule to”. Those are unnecessary words. They do not improve the text of the clause at all. They are unnecessary and confusing.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 79 of the Bill be amended in the proposed Section 24 of the Insurance Act by—
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, the Chair of The National Alliance (TNA) party is always very keen and observant. In his own party, he takes people for disciplinary action.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 85 of the Bill be amended in the proposed Section 35B (9) of the Banking Act by deleting the words “Part 2 of the First Schedule to” appearing immediately after the words “commencement of” This is to remove unnecessary words contained in this Bill, so that we can align it with the other parts that delete and make amendments to the other parts of the Banking Act.
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27 Aug 2015 in National Assembly:
Hon. Temporary Deputy Chairman, I beg to move:- THAT, Clause 96 of the Bill be amended in the proposed section 56 (3) (a) of the Banking Act, by deleting the words “Part 2 of the First Schedule to” appearing immediately after the words “commencement of” We are seeking to remove unnecessary words from the Bill. In particular, we are deleting the words “Part 2 of the First Schedule to” appearing immediately after the words “commencement of”. Those are unnecessary words; they do not bring any meaning to the particular clause.
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