Files
| Attachment | Size |
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| a54-96.pdf | 42.05 KB |
54 of 1996
The repealed Insurance Amendment Act 54 of 1996 intended:
- to amend the Insurance Act, 1943 [repealed in 1962], so as
- to allow long-term insurers to underwrite registered medical scheme business;
- to prescribe a basis on which certain assets should be valued;
- to provide for more flexibility as regards foreign investments by insurers, the basis on which it is to be allowed and the manner in which it should be held;
- to empower the registrar to prohibit the publication of misleading or undesirable advertising material; and
- to further regulate the ban on the use of certain business names by unregistered persons; and
- to provide for matters connected therewith.
Commencement
1 January 1997 (Gazette 17657 of 13 December 1996)
Repealed By
