Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1698072260259.pdf (Guyana)
Seal No.

549 of 1981 GUYANA ACT No.

9 of 1981 N.,\ DONAL JNSURANCE BOARD (TRANSFER OF SUPERVISION AND CONTROL) ACT 1981 Scc:ion ARRANGEMENT OF SECTIONS l. 2.

3.

4.

Short tille.

Amendment of Schedule Amendment of National Amendment to Public Insurance Corporations and Social Act.

Security Act.

Institutions of Co-operative Financial Act.

2 THE LAWS OF GUY ANA [AD.

1981 AN ACT to amend ccrtaiu the supervision the Guyana State Corporatio tration.
and control enactments for the purpose of transferring Insurance of the National Finance n to the Co-operative Board from Adminis­ A.D. us1 Enacted by the Parliament of �E :- Short title.

1.

This Act may be ci(� the National Insurance Board (Transfer of Supervisio n and �,nttol) Act 1981.

.\mendment 2.

Part I of the Sc1 .... o the Public f; ��i�ule amended by deleting corporat ions Act, Cap.

19:05 th� "National Corporations Board".

Insurance Act is hereby 3.


'Ihe National ::llll'J.Jcd in the following and Social Insurance respects - Security Act is hereby Amendment of �atiunal Insurance and Social Security Act, Cap.

:l6:0l.

for the words "Guyana St;itc Corpora they occur, the word "Administration"; (a)by substituting tion", wherever (b)by inserting pression in section "appointed 2. before the definition of the ex ' "the Adn1iuistration Adrninistr:1tion Financial operative ·s Act; · ; lnstitution the followinr day··.
Financc., ·' means the Co-operative hy .�cction established '.'

of the Co- lld111111,.

'1: c:ip ,, lit (c)by substituting for section 3 the following section - "Establish· ment and constitution of National Insurance Board.

3.

(1) There is established a body to be called for the purposes of this Act Board.
the National Insurance (2)The l3oarJ shall consisL of the following members, namely:- (a)a chairman who shall be appointed by the Minister; (b)the General Manager of the Board, ex-officio, who shall be the Deputy Ch•1 irman: (c)seven other members appointrd by th,: 1\'linis ter from among persons be qualified shown capacity siders the Board.

appearing to him to C'!.

and which he con­ func,ioning oi as having expcrien,:r will be bcndi'-·ial in, such matters tu tl:,.

AD.
AD.

1981] NATIONAL INSURANCE BOARD (TRANSFER OF SUPERVISION AND CONTROL) 3 63 lNo.

9 to the provisions (3) Subject other conditions of appointment Manager than the General mined by the Minister.

and of the members of.

the Board, other of the Board, shall be such as may be deter­ of this Aot, the term of office (4) The Board shall f� n subject to the supervision and control of the Administration.

�.

Financial 4.

The Co-operative .


Institutions Act is hereby amc-nded in the following respects - · · :· .. · (a) by iJJserting in 5ccth))l ter the definition definition the following ''Minister" pression Amendment :,.

Co-opera­ FlnanctaJ of the ex-:C:t�o ns --- 71:01 ap. '

'1the National Insurance National Insurance Board" means the National Board ,·stablislwd and Social by section Security Act; ' ; Cap.
11:11 Insurance :'\ pf the (b)by inserting [nsurance 4(1) the words "and the National Board" after the words "unider section 15"; in sedil'n (c)by inserting National in section 4(2) fa) and (b) the words "and the Insurance Board" after the word "institutions"; (d)by inserting in section 4(2) (d) the words "and the National w herever Insurance it occurs; Board" after the word "imtitution", (e) by inserting Insurance it occurs.
Board·' in sectio11 12 the words "and the National wherever after the word "institutions" Pmsed by the National Assembly on the 2nd of October, 1981. mill No.

9/1981) (St : l/8) Ch!rk of the National F. A. Narain, Assembly.

'�