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Long Term Insurance Act, 1998 (Act No. 52 of 1998)

Documents which a person may inspect or obtain a copy of or on extract from in terms of Section 3(4) of the Long-Term Insurance Act, 1998 ("The Act")

 

Board Notice 95 of 2007

 

Financial Services Board

 

I, Robert James Gourlay Barrow, Authority of Long-term Insurance, after consulting the Advisory Committee on Long-term Insurance, hereby notify that a person may inspect the following documents held by the Authority of Long-term lnsurance under the Act in relation to a long-term insurer or obtain a copy of or extract from any such document:

 

1) A certificate of registration issued to a long-term insurer in terms of section 9(2)(b) or 11(2) of the Act;
2) Any approval granted in terms of section 26(1) and 26(2) of the Act for the holding of shares in a long-term insurer;
3) The names of long-term insurers registered in terms of section 9(2) of the Act and any changes to those names, or translations, shortened forms or derivatives thereof approved in terms of section 8(2) of the Act;
4) The addresses of the head offices of long-term insurers and the names of their public officers as contemplated in section 16(1) of the Act;
5) The names of the auditor and statutory actuary or his or her alternate, respectively, appointed by a long-term insurer as contemplated in sections 19 and 20 of the Act;
6) Each completed statement identified as being available to the public in the annual returns submitted by long-term insurers in terms of section 36 of the Act, including any duly audited account or balance sheet or any other statement or report relating to its finances which it is in terms of the Companies Act, 1973 (Act No. 61 of 1973) or any other law under which it is incorporated, required to submit to an annual general meeting of shareholders or policyholders, whether or not such insurer has complied with the requirements of the said Act or such other law.

 

The above-mentioned documents will only be made available upon payment of the fees prescribed in terms of section 3(2)(b)(i) of the Act.

 

Notice 188 of 1998, published in the Gazette on 24 December 1998, is hereby withdrawn.

 

 


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