/akn/my/act/pua/2020/219

PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020

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Type
P.U. (A)
Status
In force
Enacted
2020
Sections
2

Quick answer

About this p.u. (a)

PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 is Malaysia P.U. (A), cited as P.U. (A) 219 2020, currently marked in force and first recorded in 2020.

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 2

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(1)

Menteri mengecualikan—

(a)

Hydor AS, suatu agensi insurans yang didaftarkan di Norway daripada pemakaian perenggan 8(1)(a) Akta bagi maksud menjalankan perniagaan insurans berkenaan dengan insurans perlindungan dan indemniti bagi suatu kapal dengan 5,000 berat tan kasar atau kurang bagi tempoh dua tahun; dan

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(b)

Archipelago Insurance Limited (No. Lesen IS2013136), suatu pemegang lesen insurans di bawah Akta Perkhidmatan Kewangan dan Sekuriti Labuan 2010 [Akta 704] daripada pemakaian perenggan 8(1)(a) Akta bagi maksud menjalankan perniagaan insurans berkenaan dengan insurans perlindungan dan indemniti bagi suatu kapal Malaysia dengan 300 berat tan kasar atau kurang bagi tempoh satu tahun.

P.U. (A) 219 3

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(2)

Dalam perenggan ini—

(a)

“insurans perlindungan dan indemniti”

ertinya insurans perlindungan dan indemniti yang ditawarkan oleh Hydor AS atau

Archipelago Insurance Limited, mengikut mana-mana yang berkenaan, secara usaha sama dengan Perlindungan dan Indemniti

Malaysia Sdn. Bhd.; dan

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(b)

“kapal Malaysia” mempunyai erti yang diberikan kepadanya dalam subseksyen 11(1)

Ordinan

Perkapalan

Saudagar 1952

[Ord. 70/1952].

Dibuat 23 Julai 2020

[MOF.SID(S)700-1/2/20(SK.1)(7); PN(PU2)718/V]

TENGKU DATO' SRI ZAFRUL BIN TENGKU ABDUL AZIZ

Menteri Kewangan

P.U. (A) 219 4

FINANCIAL SERVICES ACT 2013

FINANCIAL SERVICES (EXEMPTION) ORDER 2020

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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 (Exemption)

Order 2020.

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(2)

This Order is deemed to have come into operation on 25 March 2020.

Exemption 2.

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(1)

The Minister exempts—

(a)

Hydor AS, an insurance agency registered in Norway from the application of paragraph 8(1)(a) of the Act for the purpose of carrying on insurance business in respect of protection and indemnity insurance for a ship of 5,000 gross tonnage or less for a period of two years; and

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(b)

Archipelago

Insurance

Limited

(Licence

No.

IS2013136), an insurance licensee under the Labuan Financial Services and

Securities Act 2010 [Act 704] from the application of paragraph 8(1)(a) of the Act for the purpose of carrying on insurance business in respect of protection and indemnity insurance for a Malaysian ship of 300 gross tonnage or less for a period of one year.

P.U. (A) 219 5

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(2)

In this paragraph—

(a)

“protection and indemnity insurance” means the protection and indemnity insurance offered by Hydor AS or Archipelago Insurance

Limited, as the case may be, in collaboration with the

Perlindungan dan Indemniti Malaysia Sdn. Bhd.; and

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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].

Made 23 July 2020

[MOF.SID(S)700-1/2/20(SK.1)(7); PN(PU2)718/V]

TENGKU DATO' SRI ZAFRUL BIN TENGKU ABDUL AZIZ

Minister of Finance

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Common questions

What is PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020?
PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 is Malaysia P.U. (A), cited as P.U. (A) 219 2020, currently marked in force and first recorded in 2020.
Is PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 still in force?
Yes — PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 is currently in force.
When did PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 take effect?
PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 was first recorded in 2020.
How many sections does PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 have?
PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 contains 2 sections.
Where can I read the official version of PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020?
The official text of PERINTAH PERKHIDMATAN KEWANGAN (PENGECUALIAN) 2020 is published at lom.agc.gov.my.