Source document: https://docs-lawep.s3.us-east-2.amazonaws.com/1697797119783.pdf (Guyana)
BILL No.

23 of 1993 Saturday, 30th October, 1993 PARLIAMENT OFFICB.

Public Buildings.

Georgetown.

Guyana.

21st October.

1993 The following published for general information.

Private Bill which wll be introduced in the Na,tional Assembly is �t of the National Assembly.

r.A. Ncw.ain, CUYANA Bll..L No.

23 of 1993 GUY ANA AND TRINIDAD MUTUAL LIFE INSURANCE COMPANY (AMENDMENl) BILL 1993 ARRANGEMENT OF SECTIONS SECTIO N 1.

Short title.

2.

Amendment of section 4 of the Principal Ordinance.


104 A,D:-.!!

?3 2 A BILL Intituled AN ACT to amend the Guyana and Trinidad Mutual Life Insurance Company Ordinance.

Enacted by the Parliament of Guyana:- Shorti Utle• 1, This Act, which amends the Guyana and Trinidad Cap, 209 Life Insurance and Trinidad Mutual 1993.

Cpmpany Ordinance, Life Insurance Mutual may be cited as the Guyana Company (Amendment) Act Amend­ .-ieni of section II of the Prtnclr>BI OrcllnanQe, 2..
Section 4 of the PriDlcipal Ordinance is hereby amended in the followiPg respecls - (a)by the re-lettering of paragraphs (s) and (t) as para­ graphs (v) and (w), respectively; (b)by the insertion the following paragraph s (s).
(t) allid (u) - immediately after paragraph (r) of of medical expenses of health or in­ in all its forms and the in all its forms and to insurance or counter-insure wi'th any company or al1 or any of the risks of the company for any company "(s) to carry on the business of insurance demnity business re-insure individual any part thereof and to undertake or individual such kinds of business; re-insurance or of or counter-insurance in all its forms and re-insur (t)to carry on the business of personal insuran:::e insure of the risks of the company to.
undertake insurance business; with any company or individual all or any and re­ or individual of such kinds of or counter-insurance accident e or counter­ or any part thereof for any company (u)to undertake administrator of the estates of trustee, of any deceased executor or person;".

the duties EXPLANATORY MEMORANDUM Clause 2 of the Bilt seeks to amend section 4 of the Ordjnaqce by inserting three new paragraphs.

carry on the business ($), (t} and (q).


i>Jll'Jlgrapb· of insurance or indemnity (s) empower$ the Comp;Jny to of medical expenses in all its forms.

the business of health insurance insurance relatep thereto.

in all its forms and the business of � I Paragraph acicident insurance (t) empowers the Company iin all its forms and to carry on the business the business of re-insurance of personal related thereto.

Paragraph �u) empowers the Company to und,ertake the duties of trustee.

executor or administrator.