Transcription of THE INSURANCE ACT 2005
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THE INSURANCE ACT 2005
THE INSURANCE ACT, 2005 --------------------- (Act No. of 2005 ) I ASSENT --------------------------------------- MSWATI III King of Swaziland ..October, 2005 ---------------------- AN ACT entitled An Act to make provision for the regulation and supervision of INSURANCE companies and their intermediaries and for matters incidental thereto. Enacted by the King and the Parliament of Swaziland. 2 ARRANGEMENT OF SECTIONS PART I Short title and Interpretation Short title and commencement Interpretation PART II Transitional Provisions and Registration of Insurers 3. Prohibition of unregistered insurers 4. Transitional measures concerning current INSURANCE business 5. Contracts with foreign insurers Prohibited - Exemption conditions 6.
This Act may be cited as the Insurance Act, 2005, and shall come into force on a date to be published by the Minister in the Gazette. Interpretation 2. (1) In this Act, unless the context otherwise requires: "actuary" means any fellow of a recognized institute, faculty, society or chapter of
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