Section 104: Duties and powers of administrator
consolidated text (as at 2016, amended since). juris shows the text as it was consolidated; it does not confirm that this is the law in force today.
104. Duties and powers of administrator
Where an administrator is appointed by the Commission pursuant to its
powers under the Financial Services Act, he shall—
(a) have the powers, and shall carry out the duties, of an administrator under the Financial Services Act; and;
(b) carry out the activities of a licensee in accordance with section 98.
[S. 104 repealed and replaced by s. 35 of Act 16 of 2007 w.e.f. 28 September 2007.]
105. —
[S. 105 repealed by s. 36 of Act 16 of 2007 w.e.f. 28 September 2007.]
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Questions this section answers
- What powers does an administrator appointed to my insurer actually have?