Insurance Regulations, 2006 · s 38

Suggest a correction

Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.

What is wrong?Wrong or mistyped wordsWrong structure or numberingWrong title or detailsText that appears twice

What should change, and whyUp to 2,000 characters.The text as it should read (optional)Edit the text above. Up to 20,000 characters.Where you checked it (optional)A link to the official version, if you have one.

The text as we hold it

Open the official text

s 38

A person who is, or is to be, a chief executive or principal officer of registered insurer -

1095

{a) shall have educational qualifications and experience which will enable him to satisfactorily discharge his responsibilities;

{b) shall not have held a position of responsibility in the management of any company which has been convicted of an offence under any written law during his tenure of office unless he proves that such offence was committed without his knowledge or consent and he was not in a position to prevent the offence;

{c) shall not have held a position of responsibility in the management of any company which during his tenure of office -

(iJ has defaulted in payment of any judgment sum against it;