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Section 77

Cessation as appointed actuary

of Financial Services Act 2013

ActIn forceProvision 77 of 124
Section 77

A person shall cease to be the appointed actuary of a licensed insurer if—

(a)

such person resigns from office;

(b)

the licensed insurer terminates his appointment; or

Financial Services 99

(c)

such person, in the opinion of the Bank, no longer meets the requirements or cease to have the qualifications as may be specified by the Bank under subsection 74(2).