Takaful Order, 2008 · As enacted · Part III
Section 41
Official textFrom Attorney General's Chambers, unchanged
Except with the prior approval in writing of the Authority, no takaful operator shall open a counter or branch office in Brunei Darussalam.
Authority
"Authority" means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan under section 4(1) to be the Authority for the purposes of this Order;
Subject to subsection ( 1), such takaful operator shall pay such fees as may be prescribed.
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;
3012
Approval of proposed managing director, director, chief executive or principal officer of takaful operator.
principal officer
"principal officer" means a person, by whatever designation so called, appointed by a takaful operator and charged with the responsibility of managing the affairs of that takaful operator;
Terms defined in s 2
Authority
Defined · s 2"Authority" means such person as is appointed by His Majesty the Sultan and Yang Di-Pertuan under section 4(1) to be the Authority for the purposes of this Order;
principal officer
Defined · s 2"principal officer" means a person, by whatever designation so called, appointed by a takaful operator and charged with the responsibility of managing the affairs of that takaful operator;
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;