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As enacted
EnglishSinhala සිංහල, official PDF on documents.gov.lkTamil தமிழ், official PDF on documents.gov.lk
Contents

6. Amendment of section 78 of the principal enactment

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

Section 78 of the principal enactment is hereby amended by the repeal of subsection (5) of that section and the substitution therefor, of the following:-

“(5) (a) No person shall be eligible to be appointed as an insurance agent of a broker, if such person is already registered as an insurance agent of another broker or an insurer.

(b)

No person shall be eligible to be appointed as an insurance agent of an insurer, if such person is already registered as an insurance agent of a broker.

(c)

No person shall be eligible to be appointed as an insurance agent of an insurer for a particular class of insurance business, if such person is already registered as an insurance agent of another insurer for the same class of insurance business.”.

Duty to comply with the terms and conditions.

Read on from s 7