Access details of Control Of Insurance (Amendment) Act, No. 42 Of 1986 . Get access to the full amendment history, summary, English, Sinhala, Tamil PDFs and the consolidated act (if applicable)
Summary of Control Of Insurance (Amendment) Act, No. 42 Of 1986
The Control Of Insurance (Amendment) Act, No. 42 of 1986 was enacted to amend the Control Of Insurance Act, No. 25 of 1962. The Act amended sections 3, 4, 5, 6, 7, 8, 9, 10, 16, 19, 19A, 19B, 19C, 19D and added Part VIIIA to the principal enactment. The Act prohibits insurers from holding shares in any insurance brokering company and requires insurers to accept insurance business only from certain entities. It also requires insurers to invest a certain percentage of their reserve funds in govern...
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Control Of Insurance (Amendment) Act, No. 42 Of 1986. English, Sinhala and Tamil PDFs.
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