PART II - LICENSING OF INSURER, INSURANCE BROKER AND ADJUSTER
Section 17. Licence for insurance broker, adjuster and financial adviser.
[Am. Act A1247:s.9]
(1) The Bank, on receipt of an application for a licence to carry on insurance broking business, adjusting business or financial advisory business, may grant a licence, with or without conditions, or refuse to grant a licence.
[Am. Act A1247:s.9]
(2) A licence for an insurance broker, an adjuster or a financial adviser shall be for such period as the Bank may specify in the licence.