/akn/my/act/pua/2024/253

PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024

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Type
P.U. (A)
Status
In force
Enacted
2024
Sections
2

Quick answer

About this p.u. (a)

PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 is Malaysia P.U. (A), cited as P.U. (A) 253 2024, currently marked in force and first recorded in 2024.

Opening note

Preamble

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  1. 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 1

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(1)

Perintah ini bolehlah dinamakan Perintah Perkhidmatan Kewangan

(Insurans

Perlindungan dan

Indemniti berkenaan dengan

Kapal)

(Pengecualian) 2024.

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(2)

Perintah ini disifatkan telah mula berkuat kuasa mulai 25 Mac 2024

dan hendaklah terus berkuat kuasa hingga 24 Mac 2027.

Tafsiran

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Seksyen 2

Dalam Perintah ini—

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(a)

“insurans perlindungan dan indemniti” ertinya insurans perlindungan dan indemniti yang ditawarkan sama ada—

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(i)

Perlindungan dan

Indemniti

Malaysia Sdn. Bhd.; atau

(ii)

secara pengaturan insurans bersama dengan suatu penanggung insurans berlesen di bawah Akta;

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(b)

“kapal Malaysia” mempunyai erti yang diberikan kepadanya dalam subseksyen 11(1) Ordinan Perkapalan Saudagar 1952 [Ord. 70/1952].

P.U. (A) 253 3

Pengecualian daripada perenggan 8(1)(a) Akta 3.

Menteri mengecualikan orang yang berikut daripada pemakaian perenggan 8(1)(a)

Akta bagi maksud menjalankan perniagaan insurans yang berhubungan dengan insurans perlindungan dan indemniti:

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(a)

berkenaan dengan suatu kapal Malaysia dengan 300 berat tan kasar atau kurang, Archipelago Insurance Limited (No. Lesen IS2013136), suatu pemegang lesen insurans di bawah Akta Perkhidmatan Kewangan dan Sekuriti Labuan 2010 [Akta 704]; dan

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(b)

berkenaan dengan suatu kapal dengan 30,000 berat tan kasar atau kurang, yang tidak terhad kepada kapal Malaysia,—

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(i)

Great

American

Insurance

Company

(Singapore

Branch), suatu penanggung insurans yang dilesenkan di Singapura;

(ii)

Maritime

Mutual

Insurance

Association

(NZ)

Limited, suatu penyedia perkhidmatan kewangan yang didaftarkan di New Zealand; dan

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(iii)

anggota

Kumpulan

Kelab

Perlindungan dan

Indemniti

Antarabangsa (IGP&I).

Pengecualian daripada subseksyen 127(1) Akta 4.

Mana-mana orang yang membuat atau menyebabkan dibuat apa-apa kontrak berkenaan dengan insurans perlindungan dan indemniti bagi suatu kapal dengan orang yang dikecualikan sebagaimana yang dinyatakan dalam perenggan 3 dikecualikan daripada pemakaian subseksyen 127(1) Akta.

Dibuat 20 September 2024

[MOF.SID(S)700-1/2/20(SK.6); PN(PU2)717/JLD.4]

DATUK SERI AMIR HAMZAH AZIZAN

Menteri Kewangan II

P.U. (A) 253 4

FINANCIAL SERVICES ACT 2013

FINANCIAL SERVICES (PROTECTION AND INDEMNITY INSURANCE

IN RESPECT OF SHIPS) (EXEMPTION) ORDER 2024

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Opening note

Preamble

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  1. IN exercise of the powers conferred by section 263 of the Financial Services Act 2013 [Act 758], the Minister, upon the recommendation of the Bank, makes the following order: Citation and commencement 1.

(1)

This order may be cited as the

Financial

Services

(Protection and Indemnity Insurance in respect of Ships) (Exemption) Order 2024.

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(2)

This Order is deemed to have come into operation on 25 March 2024

and shall continue to be in operation until 24 March 2027.

Interpretation 2.

In this Order—

(a)

“protection and indemnity insurance” means the protection and indemnity insurance offered either—

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(i)

Perlindungan dan

Indemniti

Malaysia Sdn. Bhd.; or

(ii)

in a co-insurance arrangement with a licensed insurer under the Act;

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(b)

“Malaysian ship” has the meaning assigned to it in subsection 11(1)

of the Merchant Shipping Ordinance 1952 [Ord. 70/1952].

Exemption from paragraph 8(1)(a) of the Act 3.

The

Minister exempts the following person from the application of paragraph 8(1)(a) of the Act for the purpose of carrying on insurance business relating to protection and indemnity insurance:

P.U. (A) 253 5

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(a)

in respect of a Malaysian ship of 300 gross tonnage or less,

Archipelago Insurance Limited (Licence No. IS2013136), an insurance licensee under the Labuan Financial Services and Securities Act 2010

[Act 704]; and

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(b)

in respect of a ship of 30,000 gross tonnage or less, which is not limited to Malaysian ship,—

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(i)

Great

American

Insurance

Company

(Singapore

Branch), an insurer licensed in Singapore;

(ii)

Maritime

Mutual

Insurance

Association

(NZ)

Limited, a financial service provider registered in New Zealand; and

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(iii)

the members of the International Group of Protection and

Indemnity Clubs (IGP&I).

Exemption from subsection 127(1) of the Act 4.

Any person who enters into or causes to be entered into any contract in respect of protection and indemnity insurance for a ship with a person exempted as specified in paragraph 3 is exempted from the application of subsection 127(1) of the Act.

Made 20 September 2024

[MOF.SID(S)700-1/2/20(SK.6); PN(PU2)717/JLD.4]

DATUK SERI AMIR HAMZAH AZIZAN

Finance Minister II

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Common questions

What is PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024?
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 is Malaysia P.U. (A), cited as P.U. (A) 253 2024, currently marked in force and first recorded in 2024.
Is PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 still in force?
Yes — PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 is currently in force.
When did PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 take effect?
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 was first recorded in 2024.
How many sections does PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 have?
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 contains 2 sections.
Where can I read the official version of PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024?
The official text of PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 is published at lom.agc.gov.my.
PERINTAH PERKHIDMATAN KEWANGAN (INSURANS PERLINDUNGAN DAN INDEMNITI BERKENAAN DENGAN KAPAL) (PENGECUALIAN) 2024 (No. 253)