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bruneilawsby aturio
In forceAs enacted
Contents

Part IV

Section 63

(l)

Any member or participant of a takaful operator shall have the right, on applying to the takaful operator, to be sent by the takaful operator to an address supplied by him copies of documents lodged by the takaful operator to comply with sections 60 or 61, and to have such copies despatched not later than 14 days after the takaful operator receives the application:

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Provided that this right shall not extend to any document exempted from this provision by section 60(1).

(2)

Any person shall have the right 1 on payment of the prescribed fee, to inspect at the office of the Authority any document lodged by a takaful operator to comply with sections 60 or 61 1 and any document required by section 60(11)

and section 61(3) to accompany the document so lodged and make a copy of the whole or any part of it:

Provided that the right shall not extend to any document exempted from this provision by section 60(1) or to any document of any other description lodged more than 10 years previously.

(3)

In any proceedings, a certificate signed by any person appointed by the

Authority that a document is one lodged by a takaful operator to comply with sections 60 or 61 or one that accompanied a document so lodged, shall be admissible as evidence of the facts certified.

(4)

Where a takaful operator fails to comply with sections 60 or 61 1 the takaful operator shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $10,000 1 and in the case of a continuing offence to a further fine not exceeding $1,000 for every day during which the offence continues after conviction.

Returns of changes in registration particulars.

Report

Read on from s 64

Schedules