Section 17
Registration of conversion
ActIn forceProvision 17 of 92
Section 17
(1)
Upon receiving the statement and documents under section 16 and upon payment of a prescribed fee, the Registrar may, subject to the provisions of this Act, register the scheme as a premium scheme and issue a certificate of authorization in the form as the
Registrar may determine stating that the premium scheme is registered under this Act, from the date specified in the notice.
(2)
The Registrar may approve or refuse the application if he is not satisfied with the particulars or other information furnished under the provisions of this Act.
28 Laws of Malaysia ACT 778
Effect of conversion