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Cap. 487 · cap/487 (Cap. 487)

Cap. 487 ст. 43BAncillary Insurance Intermediaries Company Registers.

PART VIIIA

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(1) Subject to the provisions of article 43J, every authorised undertaking and enrolled insurance broker desirous of appointing a person to act on its behalf as an ancillary insurance intermediary shall establish and maintain a register of persons acting as ancillary insurance intermediaries, in this Act referred to as the "Ancillary Insurance Intermediaries Company Register", containing the particulars as the competent authority may, from time to time, by Insurance Distribution Rules made for the purposes of this article, determine, of all persons who are entitled under this Act to be registered therein.

(2) Subject to the provisions of sub-article (1), every authorised undertaking and enrolled insurance broker shall determine its own procedures for appointing and registering a person as an ancillary insurance intermediary in the Ancillary Insurance Intermediaries Company Register.