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Contents

Long Title

Part I PRELIMINARY

Part II DEPOSIT INSURANCE SCHEME

Part III DEPOSIT INSURANCE FUND

Part IV PREMIUM CONTRIBUTIONS FOR DI SCHEME

Part V COMPENSATION UNDER DI SCHEME

Part VI POLICY OWNERS’ PROTECTION SCHEME

Part VII POLICY OWNERS’ PROTECTION LIFE FUND AND POLICY OWNERS’ PROTECTION GENERAL FUND

Part VIII LEVIES FOR PPF SCHEME

Part IX COMPENSATION AND USE OF PPF LIFE FUND AND PPF GENERAL FUND

Part X deposit insurance AND POLICY OWNERS’ PROTECTION FUND AGENCY

Part XI OFFENCES

Part XII FINANCIAL AND AUDIT PROVISIONS

Part XIII MISCELLANEOUS

FIRST SCHEDULE Insured deposit and Maximum DI Coverage

SECOND SCHEDULE Categories of insured policies

THIRD SCHEDULE Protected liabilities

FOURTH SCHEDULE Protection ratio

FIFTH SCHEDULE Provisions applicable to the holding and payment of compensation by the Public Trustee to persons entitled to payment of compensation under this Act

SIXTH SCHEDULE Financial provisions with respect to DI Fund, PPF Life Fund and PPF General Fund

SEVENTH SCHEDULE Financial provisions with respect to Agency

Legislative History

Comparative Table

 
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Related Subsidiary Legislation | Legislative History | Amendment Annotation off
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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 20/12/2012.
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Penalty for corporation
71.
—(1)  Subject to subsections (2) and (3), where a corporation 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.
(2)  Subsection (1) shall not apply to —
(a)
offences under sections 6(8) and 32(8); and
(b)
offences under the subsidiary legislation made under this Act where it is expressly provided in the subsidiary legislation that subsection (1) shall not apply to those offences.
(3)  Where an individual is convicted of an offence under this Act by virtue of section 66, he shall be liable to the fine or imprisonment or both as prescribed for that offence and subsection (1) shall not apply.