Section 41
of International Insurance and Takaful Order, 2002
ORDERIn forceProvision 41 of 73
Section 41
Any person who contravenes the provisions of section 40 shall be guilty of an offence and liable on conviction to a fine not exceeding $100,000 and to imprisonment for a term not exceeding 2 years, and any such contravention shall constitute a breach of statutory duty actionable at the suit of any person who suffers loss or damage by virtue of that contravention.
34
BLUV as at 14th January 2016
Exceptions from confidentiality requirements.