Takaful Order, 2008 · s 92

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92.
(1)
Any takaful operator which on the commencement of this Order is already permitted under administrative arrangements by the Ministry of Finance to carry on general takaful business or family takaful business, as the case may be, shall be deemed to be registered under section 9(2) for a period of 6 months from such commencement and may within that period carry on the takaful business which was being lawfully carried on by it immediately before the commencement of this Order.
(2)
Within the period of 6 months referred to in subsection (1), the takaful operator shall apply for registration in accordance with section 9( 1} in respect of the period after the period referred to in subsection ( 1).
(3)
A takaful operator which is deemed by virtue of subsection (1) to be registered under section 9(2) shall no later than 3 months after the date of the commencement of this Order comply with section 5 regarding the requirements for carrying on business as a takaful operator (save the requirement as to registration).
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s 92

(1)

Any takaful operator which on the commencement of this Order is already permitted under administrative arrangements by the Ministry of Finance to carry on general takaful business or family takaful business, as the case may be, shall be deemed to be registered under section 9(2) for a period of 6 months from such commencement and may within that period carry on the takaful business which was being lawfully carried on by it immediately before the commencement of this Order.

(2)

Within the period of 6 months referred to in subsection (1), the takaful operator shall apply for registration in accordance with section 9( 1} in respect of the period after the period referred to in subsection ( 1).

(3)

A takaful operator which is deemed by virtue of subsection (1) to be registered under section 9(2) shall no later than 3 months after the date of the commencement of this Order comply with section 5 regarding the requirements for carrying on business as a takaful operator (save the requirement as to registration).

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