Regulations, 2009

Suppliment tal-Gazzetta tal-Gvern ta’ Malta Nru. 18,404, 17 ta’ April, 2009

Taqsima B

L. N. 128 of 2009

INSURANCE INTERMEDIARIES ACT

(CAP. 487)

Insurance Intermediaries (Exemption)(Amendment)

Regulations, 2009

IN exercise of the powers conferred by article 3(3) of the

Insurance Intermediaries Act, the Minister of Finance, the Economy

and Investment, after consultation with the Malta Financial Services

Authority, has made the following regulations:-

(1) The title of these regulations is the Insurance

Intermediaries (Exemption)(Amendment) Regulations, 2009,

and they shall be read and construed as one with the Insurance

Intermediaries (Exemption) Regulations, 2006, hereinafter referred

to as “the principal regulations” .

(2) These regulations shall come into force on the 30 th

April 2009.

Regulation 4 of the principal regulations shall be amended

as follows

(a) in paragraph (c) thereof, for the words “of insurance

claims.”, there shall be substituted the words “of insurance

claims;”; and

(b) immediately after paragraph (c) thereof, there shall

be added the following new paragraph

“(d) carrying on activities which are strictly

limited to effecting introductions on behalf of a company

authorised under the Insurance Business Act or a person

enrolled under the Act to act as an insurance agent or

insurance broker provided such activities are carried out

in accordance with the conditions set out in an insurance

intermediaries rule made for this purpose .”.

€0.9