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Insurance Order, 2006 · s 68
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Insurance Order, 2006 · s 68
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Where a registered insurer becomes insolvent or is unable to meet its obligations, the assets of the insurer shall be available to meet its liabilities to all policy owners of Brunei Darussalam policies and these liabilities shall have priority over all unsecured liabilities of the insurer other than preferential debts specified under the Companies Act (Chapter 39).
Policy Owners' Protection Fund.