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
Notwithstanding section 6, the Authority may, having regard to the nature, extent and volume of the international insurance business which the applicant proposes to carry on -
specify in writing a greater or a lesser amount of working funds;
and
specify an amount
(in no case to exceed 60% of the amount specified under section 6) which may be provided by way of guarantee to be governed by the law of Brunei Darussalam from a person and in a form acceptable to the Authority.