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Short-Term Insurance Act, 1998 (Act No. 53 of 1998)

Notice on Policyholder Protection Rules, 2004

Part VI: Miscellaneous

9. Penalties

 

An insurance party involved who contravenes or fails to comply with a provision of these Rules shall be guilty of an offence and on conviction liable to a penalty or fine referred to in section 64(1)(c) or 65(1)(c), as the case may be, of the Act.

 

 


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