Insurance Amendment Act | Act 49 of 1998 — South Africa law | Esheria

Insurance Amendment Act

This section amends the Insurance Act, 1943. It says a person is deemed to be carrying on insurance business in the Republic if the person is liable under certain domestic policies, subject to an exception for business accepted by way of reinsurance.

Jurisdiction
South Africa
Instrument
Act or statute
Citation
Act 49 of 1998
Version
Undated source snapshot
Language
en
Updated
Official source
View official record ↗
insurance business long-term insurance reinsurance

Statute overview

About this statute

This section amends the Insurance Act, 1943. It says a person is deemed to be carrying on insurance business in the Republic if the person is liable under certain domestic policies, subject to an exception for business accepted by way of reinsurance. This section states the Act’s short title: the Insurance Amendment Act, 1998.

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