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Takaful Order, 2008 · s 69
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Takaful Order, 2008 · s 69
Tell us what is wrong in this text. We check every suggestion against the official version before we change anything.
Where a takaful operator becomes insolvent or is unable to meet its obligations, the assets of the takaful operator shall be available to meet its liabilities to all participant of Brunei Darussalam certificates and these liabilities shall have priority over all unsecured liabilities of the takaful operator other than the preferential debts referred to in section 250(1) of the Companies Act
(Chapter 39).