Skip to content
srilawsby aturio
As enacted
Contents

Part III · General Provisions Applicable to Insurers

27. Separation of accounts and assets

Official English translation. Where it differs from the Sinhala or Tamil text, the Act itself says which text prevails.

Where an insurer carries on business of one or more classes of insurance business, such insurer shall keep separate accounts of all receipts and payments in respect of each class of insurance business and also maintain separate accounts in respect of each sub-class of general insurance business it is carrying on.

Read on from s 28

Part IV

Long Term Insurance Business

Read on from Part IV

Part V

Accounts, Inspection and Investigation

Read on from Part V

Part VI

Publicity

Read on from Part VI

Part VII

Management by Administration and Winding Up

Read on from Part VII

Part VIII

Registration of Brokers and Insurance Agents

Read on from Part VIII

Part IX

Offences

Read on from Part IX

Part X

General

Read on from Part X

Schedules