Takaful Order, 2008 · s 52

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52.
( 1)
Subject to subsection (2), no takaful broker shall in the course of his business as such negotiate any contract of takaful with a takaful operator other than a takaful operator entitled under this Order to carry on the business in question in Brunei Darussalam, and no person in Brunei Darussalam shall solicit takaful business for a takaful operator not entitled to carry on that business in
Brunei Darussalam; and any person contravening this subsection shall be guilty 3018
of an offence and shall be liable on conviction to a fine not exceeding $20,000, imprisonment for a term not exceeding one year or both, and in the case of a continuing offence to a further fine not exceeding $4,000 for every day during which the offence continues after conviction.
(2)
The references in subsection (1) to a contract of takaful and to takaful business shall not apply to re-takaful or business relating to risks outside Brunei
Darussalam or such other risks as may be prescribed.
Application of sections 42 to 46 to takaful brokers.

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s 52( 1)

Subject to subsection (2), no takaful broker shall in the course of his business as such negotiate any contract of takaful with a takaful operator other than a takaful operator entitled under this Order to carry on the business in question in Brunei Darussalam, and no person in Brunei Darussalam shall solicit takaful business for a takaful operator not entitled to carry on that business in

Brunei Darussalam; and any person contravening this subsection shall be guilty 3018

of an offence and shall be liable on conviction to a fine not exceeding $20,000, imprisonment for a term not exceeding one year or both, and in the case of a continuing offence to a further fine not exceeding $4,000 for every day during which the offence continues after conviction.

(2)

The references in subsection (1) to a contract of takaful and to takaful business shall not apply to re-takaful or business relating to risks outside Brunei

Darussalam or such other risks as may be prescribed.

Application of sections 42 to 46 to takaful brokers.