83. Appointment of actuary

Terms defined in this Act

• actuary

  actuary

  Defined · s 2

  “actuary” means a person being— (a) a fellow of any of the professional associations listed in the Second Schedule or other associations as may be approved by the Authority; or (b) a person recognized by the Authority as an actuary for the purposes of this Part, who appears on the list of actuaries maintained by the Authority;

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• Authority

  Authority

  Defined · s 2

  “Authority” means the Labuan Financial Services Authority established under section 3 of the Labuan Financial Services Authority Act 1996;

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• family takaful business

  family takaful business

  Defined · s 76

  “family takaful business” means takaful business relating to family takaful;

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• Labuan takaful operator

  Labuan takaful operator

  Defined · s 76

  “Labuan takaful operator” means a person who is licensed to carry on Labuan takaful business;

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