Singapore Government
Link to AGC Website
Home | Search | Browse | Results | My Preferences
 
Contents

Part I Preliminary

Part II requirements relating to and duties of members of lloyd’s carrying on insurance business under scheme

Part III requirements relating to and duties of Service companies

Part IIIA VALUATION OF ASSETS

Part IIIB VALUATION OF LIABILITIES

Part IV Requirements relating to and duties oF Administrator

Part V Miscellaneous

FIRST SCHEDULE Permitted insurance business

SECOND SCHEDULE Particulars to be furnished by applicant for registration as agent for member of Lloyd’s

THIRD SCHEDULE Particulars to be contained in register of members of Lloyd’s maintained by administrator

FOURTH SCHEDULE Particulars to be contained in register of Service Companies maintained by administrator

FIFTH SCHEDULE

Legislative History

 
Slider
Left Corner
Print   Permalink
On 22/05/2013, you requested for the version in force on 22/05/2013 incorporating all amendments published on or before 22/05/2013. The closest version currently available is that of 04/11/2010.
Slider
PART V
Miscellaneous
Inspection by public
23.
—(1)  Any person may inspect any register maintained by the administrator under regulation 18 during office hours and may make copies of any register or part thereof.
(2)  The administrator shall give free access to any person who wishes to inspect the registers under paragraph (1).
Exemption
24.  Any member of Lloyd’s who complies with the conditions referred to in regulation 3 and is not prohibited from carrying on insurance business in Singapore under the Act shall, in respect of the carrying on of insurance business referred to in the First Schedule, be exempted from sections 3, 5, 8, 14, 20, 25, 33 and 41 of the Act.
Lodgment and signature of returns and annual report
25.
—(1)  Any document to be lodged by the administrator under regulation 21(1) (a) shall be lodged —
(a)
in the case of any document referred to in regulation 13(3) or (5), by sending to the Authority the original of the document; and
(b)
in the case of any document referred to in regulation 13(1), in the form of an electronic record with the Authority through such electronic facility, and in such form and manner, as may be specified by the Authority.
(2)  A document to be lodged by the administrator under regulation 21(1)(a) —
(a)
shall be in the English language;
(b)
shall, in the circumstances set out in paragraph (1)(a), be printed or, with the permission of the Authority, produced by other mechanical means approved by it; and
(c)
shall state any monetary amount referred to in Singapore dollars (unless otherwise specified in the relevant form) and the basis of conversion of any other currency into Singapore dollars.
(3)  Where, by these Regulations, a document is required to be signed by or on behalf of the chief executive officer of a Service Company, it shall, if not signed by that officer, be signed by an officer of the Service Company who is for the time being notified to the Authority as having authority for the purposes of these Regulations to sign in place of the chief executive officer.
Deadlines for lodgment of returns
26.  Unless otherwise allowed by the Authority —
(a)
any document to be lodged in accordance with regulation 25(1)(a) shall be lodged with the Authority within 4 months from the last day of the period to which the document relates;
(b)
any document to be lodged in accordance with regulation 25(1)(b) (other than the documents referred to in regulation 13(1)(a) and Form 4 referred to in regulation 13(1)(b)) shall be lodged with the Authority within 3 weeks from the last day of the period to which the document relates;
(c)
the documents referred to in regulation 13(1)(a) shall be lodged with the Authority within 3 months from the last day of the period to which the documents relate;
(d)
Form 4 referred to in regulation 13(1)(b) shall be lodged with the Authority within 4 months from the last day of the period to which the Form relates; and
(e)
any annual report to be lodged with the Authority under regulation 21(1A) shall be lodged with the Authority within 6 months from the last day of the financial year to which the report relates.
General obligation to furnish information
27.  The Authority may, by notice in writing, require any Service Company or the administrator to furnish it with information about any matter relating to any business carried on in Singapore or elsewhere by the Service Company or the administrator, if the Authority is of the opinion that it requires the information for the discharge of its functions under the Act.