Sri Lanka Consolidated Acts

[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]

Regulation Of Insurance Industry Act (No. 43 of 2000) - Sect 81

Application for registration

81. Every application for registration as a broker shall be made to the Board in such form as may be provided for that purpose by the Board, and be accompanied by"
(a) a certified copy of the Memorandum and Articles of Association of the company ;
(b) a certified copy of the certificate of incorporation of the company ;
(c) statements setting out particulars relating to "
(i) the shareholders of the company ;
(ii) the directors and senior managers of the company ;
(iii) the fulfilment of the requirements, if any that are laid down by the Board under paragraph (d) of section 80;
(d) a copy of Form 48 issued by the Registrar of Companies duly perfected and certified ;
(e) a statement setting out the class or classes of insurance business proposed to be transacted by the company ;
(f) a statement setting out the amount of the paid up share capital of the company ;
(g) a fee as determined by the Board by rules made in that behalf, each for long term insurance business and general insurance business ;
(h) a certified copy of the professional indemnity insurance policy or policies issued by two or more insurers in such form and for such amount as may be determined by the Board ; and
(i) such other documents and information as may be required to be submitted by the Board.


[Index] [Table] [Database Search] [Name Search] [Previous] [Next] [Help]