Takaful Order, 2008 · As enacted · Part III
37. Objection to family takaful certificate
Official textFrom Attorney General's Chambers, unchanged
A participant may, within 14 days after the delivery of a family takaful certificate to him or, if delivered at his residence, to a person who is resident 3010
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;
therein, return the certificate to the takaful operator with an objection in writing to any term or condition of the certificate and the takaful operator shall forthwith refund any contribution which has been paid in respect of the certificate which shall thereupon be cancelled.
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;
For the purposes of this section, a certificate shall be deemed to be returned to a takaful operator with an objection when the certificate with the objection in writing are received by the takaful operator or are posted to the takaful operator by registered post.
Control of form of proposals, certificates and brochures.
Terms defined in s 2
family takaful
Defined · s 2"family takaful" means takaful for financial aid and assistance to a participant and his family in case of his accidental death or disablement;
participant
Defined · s 2"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
Defined · s 2"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;