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Enacting Formula

 
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On 26/05/2013, you requested for the version in force on 26/05/2013 incorporating all amendments published on or before 26/05/2013. The closest version currently available is that of 09/12/2003.
Amendment of section 35P
28.  Section 35P of the Insurance Act is amended —
(a)
by inserting, immediately after the words “the person” in subsection (1), the words “all material information, including”;
(b)
by deleting the word “and” at the end of subsection (1)(b);
(c)
by deleting the full-stop at the end of paragraph (c\) of subsection (1) and substituting the word “; and”, and by inserting immediately thereafter the following paragraph:
(d)
such other information as the Authority may prescribe or specify in directions.”;
(d)
by inserting, immediately after the words “group policy” in the 4th line of subsection (2), the words “all material information, including”;
(e)
by deleting the word “and” at the end of subsection (2)(c);
(f)
by deleting the full-stop at the end of paragraph (d\) of subsection (2) and substituting the word “; and”, and by inserting immediately thereafter the following paragraph:
(e)
such other information as the Authority may prescribe or specify in directions.”;
(g)
by inserting, immediately after subsection (2), the following subsection:
(2A)  Any insurance intermediary who contravenes subsection (1) or (2) shall be guilty of an offence and shall be liable on conviction to a fine not exceeding $25,000 or to imprisonment for a term not exceeding 12 months or to both.”; and
(h)
by deleting the word “Disclosure” in the section heading and substituting the words “Pre-contract disclosure”.