103. Application for insurance licence to carry on Labuan insurance business

Terms defined in s 101

• insurance licence

  insurance licence

  Defined · s 101

  “insurance licence” means a licence granted under this Part;

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• Labuan insurance business

  Labuan insurance business

  Defined · s 101

  “Labuan insurance business” means insurance and reinsurance business which includes takaful and retakaful business, Labuan captive insurance business and such other insurance business approved by the Authority but does not include any insurance business that is regulated or prohibited under other written law in Malaysia;

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