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Long Term Insurance Act, 1998 (Act No. 52 of 1998)

Board Notices

Notice on Fit and Proper Requirements, 2015

Part 3 : Fit and Proper requirements for Director, Senior Manager, Public Officer, Auditor or Statutory Actuary

3. Requirements relating to competency

 

A director, senior manager, public officer, auditor or statutory actuary or any of their alternates, at all times, must have satisfactory educational qualification, experience or expertise, and relevant skills and knowledge in respect of the duties that that person must perform.