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INSURANCE LAWS AMENDMENT ACT 1994 No. 48 of 1994 - SECT 41
Phasing-in of capital and solvency requirements
41. Section 47 of the Principal Act is amended by omitting from subsection (2)
"Section 19A of the Life Insurance Act 1945 applies to a company registered
under that Act" and substituting "If a company is registered under the Life
Insurance Act 1945 before the day on which this Act receives the Royal Assent,
section 19A of the Life Insurance Act 1945 applies".
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