In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Insurance Order, 2006 · As enacted · Part I · Preliminary
Insurance Order, 2006 · As enacted · Part I · Preliminary
Official textFrom Attorney General's Chambers, unchanged
This Order may be cited as the Insurance Order, 2006 and shall commence on a date to be appointed by the Minister, with the approval of His
Majesty the Sultan and Yang Di-Pertuan, by notice in the Gazette.
The Minister may appoint different dates for the commencement of different provisions of this Order or for different purposes of the same provision.
The long title of this Order is "An Order to provide for the regulation of insurance business in Brunei Darussalam and for other purposes relating thereto or connected with insurance".
insurance business
"insurance business" includes the business of effecting and carrying out contracts {a} protecting persons against loss or liability to loss in respect of risks to which such persons may be exposed; or {b) to pay a sum of money or render money and includes reinsurance business;
Interpretation.
insurance business
"insurance business" includes the business of effecting and carrying out contracts {a} protecting persons against loss or liability to loss in respect of risks to which such persons may be exposed; or {b) to pay a sum of money or render money and includes reinsurance business;