Long Term Insurance Act, 1998 (Act No. 52 of 1998)

Regulations

Regulations under the Long-term Insurance Act, 1998

Part 3 : Remuneration

Part 3D : Notification of Certain Arrangements with Independent Intermediaries or Representatives

3.23 Definitions
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In this Part 3D—

 

"binder function"

has the meaning assigned to in Part 6: and

 

"independent intermediary", "representative" and "rendering services as intermediary"

has the meaning assigned to such terms in Part 3A.

 

[Part 3.23 inserted by regulation 4(cc) of Notice No. 1437 of 2017]