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International Insurance and Takaful Order, 2002 · s 34
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International Insurance and Takaful Order, 2002 · s 34
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
A person shall be guilty of an offence if he knowingly contravenes section 33 by failing to seek the consent of the Authority or, as the casemay be,
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BRUNEI DARUSSALAM GOVERNMENT GAZETTE by failing to serve notice on the Authority as required by that section;
or by becoming a controller of a description falling within that section without the approval of the Authority under subsection
of section 33 or notifying the
Authority in accordance with subsection
of section 33.
A person guilty of an offence under subsection
shall be liable on conviction to a fine not exceeding $100,000 and to imprisonment for a term not exceeding 2 years.