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Insurance (Amendment) Act 2003

FIJI ISLANDS


INSURANCE (AMENDMENT) ACT 2003


ACT NO. 5 OF 2003


I assent.


[L.S.]


J.I. ULUIVUDA
President


[4th June, 2003]


AN ACT


TO AMEND THE INSURANCE ACT


ENACTED by the Parliament of the Fiji Islands-


Short title and commencement


1. This Act may be cited as the Insurance (Amendment) Act 2003 and comes into force a date appointed by the Minister by notice in the Gazette.


New section added


2. The Insurance Act 1998 is amended by inserting after section 171 the following new section-


"Prudential supervision of the Fiji National Provident Fund


172. Notwithstanding anything to the contrary in the Fiji National Provident Fund Act, the provisions of this Act apply to the Fiji National Provident Fund.".


Passed by the House of Representatives this 1st day of May, 2003.


Passed by the Senate this 21st day of May, 2003.


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