Insurance Act, 2000

Amendment of section 31 of Act of 1995 (Register of investment product intermediaries).

28.—Section 31 of the Act of 1995 is hereby amended—

(a) in subsection (2), by the insertion, after “normal working hours” of “and the product producer concerned shall arrange for its publication in electronic form or such other form as it considers appropriate”,

(b) in subsection (4), by the insertion, after “product producers”, of “and such a register may be in electronic form or such other form as he or she considers appropriate”, and

(c) in subsection (6) (inserted by section 61 of the Investor Compensation Act, 1998 )—

(i) in paragraph (a), by the substitution for “newspapers circulating in the State” of “national newspapers”, and

(ii) in paragraph (b), by the substitution for “newspapers circulating in the State” of “national newspapers within 28 days of having informed the investment product intermediary of the discontinuance”.