Seksyen 1
(1)
Perintah ini bolehlah dinamakan Perintah Perkhidmatan Kewangan
(Insurans Liabiliti Produk dan Insurans Semula Labuan) (Pengecualian) 2025.
/akn/my/act/pua/2025/61
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025
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- Type
- P.U. (A)
- Status
- In force
- Enacted
- 2025
- Sections
- 3
Quick answer
About this p.u. (a)
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 is Malaysia P.U. (A), cited as P.U. (A) 61 2025, currently marked in force and first recorded in 2025.
Opening note
Preamble
- PADA menjalankan kuasa yang diberikan oleh seksyen 263 Akta Perkhidmatan Kewangan 2013 [Akta 758], Menteri, atas syor Bank, membuat perintah yang berikut: Nama dan permulaan kuat kuasa
Seksyen 2
Dalam Perintah ini—
“penanggung insurans Labuan” ertinya mana-mana orang yang dilesenkan untuk menjalankan perniagaan insurans am Labuan yang berhubungan dengan liabiliti produk di bawah Akta Perkhidmatan Kewangan dan Sekuriti Labuan 2010 [Akta 704];
“penanggung insurans semula Labuan” ertinya mana-mana orang yang dilesenkan untuk menjalankan perniagaan insurans semula Labuan, atau retrosisen di bawah Akta Perkhidmatan Kewangan dan Sekuriti Labuan 2010.
Seksyen 3
Pengecualian
(a)
penanggung insurans Labuan daripada pemakaian perenggan 8(1)(a) Akta yang menghendaki penanggung insurans Labuan itu untuk mendapatkan suatu lesen untuk menjalankan perniagaan insurans am;
P.U. (A) 61 3
(b)
penanggung insurans semula
Labuan daripada pemakaian perenggan 8(1)(a) Akta yang menghendaki penanggung insurans semula
Labuan itu untuk mendapatkan suatu lesen untuk menjalankan perniagaan insurans semula; atau
(c)
mana-mana orang yang membuat atau menyebabkan untuk dibuat suatu kontrak insurans am yang berkenaan dengan liabiliti produk dengan seorang penanggung insurans
Labuan daripada pemakaian subseksyen 127(1) Akta yang menghendaki orang itu untuk mendapatkan kelulusan bertulis terdahulu Bank bagi tujuan tersebut.
Dibuat 4 Februari 2025
[BNM/JUN/1119/55/95; PN(PU2)718/JLD.8]
DATUK SERI AMIR HAMZAH BIN AZIZAN
Menteri Kewangan II
P.U. (A) 61 4
FINANCIAL SERVICES ACT 2013
FINANCIAL SERVICES (LABUAN PRODUCT LIABILITY INSURANCE AND REINSURANCE)
(EXEMPTION) ORDER 2025
Opening note
Preamble
- IN exercise of the powers conferred by section 263 of the Financial Services Act 2013 [Act 758], the Minister, on the recommendation of the Bank, makes the following order: Citation and commencement 1.
(1)
This order may be cited as the
Financial
Services
(Labuan Product Liability Insurance and Reinsurance) (Exemption) Order 2025.
(2)
This Order comes into operation on 18 February 2025.
Interpretation 2.
In this Order—
“Labuan insurer” means any person licensed to carry on Labuan general insurance business relating to product liability under the Labuan Financial Services and Securities
Act 2010 [Act 704];
“Labuan reinsurer” means any person licensed to carry on Labuan reinsurance business, or retrocession under the Labuan Financial Services and Securities Act 2010.
Exemption 3.
The Minister exempts—
(a)
a Labuan insurer from the application of paragraph 8(1)(a) of the Act which requires such Labuan insurer to obtain a licence to carry on general insurance business;
(b)
a Labuan reinsurer from the application of paragraph 8(1)(a) of the Act which requires such Labuan reinsurer to obtain a licence to carry on reinsurance business; or
P.U. (A) 61 5
(c)
any person who enters into or causes to be entered into a contract of general insurance with a Labuan insurer in respect of product liability insurance from the application of subsection 127(1) of the Act which requires such person to obtain prior written approval of the Bank for such purpose.
Made 4 February 2025
[BNM/JUN/1119/55/95; PN(PU2)718/JLD.8]
DATUK SERI AMIR HAMZAH BIN AZIZAN
Finance Minister II
Common questions
- What is PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025?
- PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 is Malaysia P.U. (A), cited as P.U. (A) 61 2025, currently marked in force and first recorded in 2025.
- Is PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 still in force?
- Yes — PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 is currently in force.
- When did PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 take effect?
- PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 was first recorded in 2025.
- How many sections does PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 have?
- PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 contains 3 sections.
- Where can I read the official version of PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025?
- The official text of PERINTAH PERKHIDMATAN KEWANGAN (INSURANS LIABILITI PRODUK DAN INSURANS SEMULA LABUAN) (PENGECUALIAN) 2025 is published at lom.agc.gov.my.