Singapore Government
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Contents

Long Title

Part I PRELIMINARY

Part II CONDUCT OF INSURANCE BUSINESS

General restriction on insurers

Registration of Singapore insurers

Deposits, registers of policies and insurance funds

Miscellaneous requirements as to conduct of business

Part IIA FOREIGN INSURER SCHEMES

Part IIB INSURANCE INTERMEDIARIES

General

Conduct of Insurance Broking Business

Part III RETURNS, INSPECTIONS AND INVESTIGATIONS, WINDING UP AND TRANSFERS OF BUSINESS

Returns

Inspections and Investigations

Winding up

Transfers of business

Part IIIA ASSISTANCE TO FOREIGN REGULATORY AUTHORITIES

Part IIIB APPEALS

Part IV MISCELLANEOUS AND GENERAL

Administration and enforcement

Miscellaneous amendments of law

Supplementary

THE SCHEDULE Definition of Insurance Terms

Legislative History

Comparative Table

 
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On 21/05/2013, you requested for the version in force on 21/05/2013 incorporating all amendments published on or before 21/05/2013. The closest version currently available is that of 31/12/2002.
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Penalties for bodies corporate
55A.
—(1)  Subject to subsection (2), where a company or body corporate is convicted of an offence under this Act, the penalty that the court may impose is a fine not exceeding 2 times the maximum amount that the court could, but for this subsection, impose as a fine for that offence.
[41/2001]
(2)  Subsection (1) shall not apply to any offence under this Act consisting in the breach of a duty imposed only on companies and bodies corporate.
[41/2001]
(3)  Where an individual is convicted of an offence under this Act by virtue of section 55(3), he shall be liable to the fine or imprisonment or both as prescribed for that offence and subsection (1) shall not apply.
[41/2001]