In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
International Insurance and Takaful Order, 2002 · As enacted
Official textFrom Attorney General's Chambers, unchanged
Every licensee which is an IEC or a company incorporated under the
Companies
Act (Chapter
39) shall, prior to the making of any amendment or alteration to any of its constituent documents, or prior to any change of its controller, any director or chief executive officer, furnish to the
Authority particulars in the prescribed form of any such proposed amendment, alteration or change, for the approval of the Authority.
Every licensee which is a foreign international company or a company registered under
Part IX of the Companies
Act (Chapter
39) shall, upon the making of any amendment or alteration to any of its constituent documents, or prior to any change of its controller, any director or chief executive officer within
Brunei
Darussalam, notify the Authority in the prescribed form of any such amendment, alteration or change.
Any person who contravenes this section is guilty of an offence and shall be liable on conviction to a fine not exceeding $20,000.