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Section 75

Appointment of actuary by Bank

of Financial Services Act 2013

ActIn forceProvision 75 of 124
Section 75

Without prejudice to section 74, the Bank may appoint an actuary for a licensed insurer if the licensed insurer fails to appoint an actuary as required under subsection 74(1) and the remuneration and expenses relating to such appointment shall be borne by the licensed insurer.