In forceAs enactedCurrent version · As enactedSee versions on Attorney General's Chambers(opens the publisher’s site)
Takaful Order, 2008 · As enacted · Part III
Takaful Order, 2008 · As enacted · Part III
Official textFrom Attorney General's Chambers, unchanged
Where a takaful operator issues a family takaful certificate which provides that proof of age of the participant is a condition precedent to the payment of the sum, the takaful operator shall, unless the age of the participant has already been admitted by the takaful operator, issue on or with the certificate a printed notice stating that proof of age of the participant will be required prior to the payment of the said sum.
takaful operator
"takaful operator" means a takaful operator which has been registered by the Authority under this Order; 11Undertakingn shall be construed in accordance with Part III of the First Schedule;
family takaful
"family takaful" means takaful for financial aid and assistance to a participant and his family in case of his accidental death or disablement;
participant
"participant" includes, where a certificate has been assigned, the assignee for the time being and, where they are entitled as against the takaful operator to the benefit of the certificate, the personal representatives of a deceased participant;
takaful operator
"takaful operator" means a takaful operator which has been registered by the Authority under this Order; 11Undertakingn shall be construed in accordance with Part III of the First Schedule;