Section 9
Amendment of section 18
ActIn forceProvision 9 of 21
Section 9
Section 18 of the principal Act is amended—
(a)
by inserting immediately after the interpretation of
“harvesting”, the following new interpretation of
“insurance”:
‘ “insurance” includes a takaful scheme pursuant to the Takaful Act 1984 [Act 312];’; and
(b)
by inserting immediately after the interpretation of
“plantation”, the following new interpretation of
“premiums”:
‘ “premiums”, in relation to insurance, includes contributions or instalments payable under a takaful scheme pursuant to the Takaful Act 1984;’.