This act is commutation the Insurance Corporation Act developed in 1973
The incumbent cupboard command its last weekly meeting with Prime Minister tribal sheik Hasina within the chair, and approved the Insurance Corporation Act, 2018 in conjunction with many different laws within the meeting on December three.
This act is commutation The Insurance Corporation Act developed in 1973.
However, the Awami League-led government in 2009 modernised The Insurance Act developed in 1938, and had named it Bima Act 2010. the govt conjointly developed Insurance Development and administrative body Act, 2010 to properly regulate this sector.
The fresh developed Insurance Corporation Act, 2018 is comprised of the provisions from each the Bima Act 2010 and also the Insurance Development and administrative body Act, 2010. it had been conjointly translated to English for higher accessibility.
According to sources from the Banking and financial organisation Division, that may be a a part of Finance Ministry, the cupboard approved in principal the draft insurance corporation act on Gregorian calendar month nine, 2018. The draft act had thirty three provisions.
One of the foremost necessary changes created within the new act is that the removal the provisions three, 14, 14a, 24, 27 and 32, that were gift within the Insurance Corporation Act, 1973.
The approved and paid capital of Jiban Bima Corporation was antecedently set at Tk20 large integer in 1973, that was raised to Tk300 large integer and TK30 large integer severally. Similarly, the approved and paid capital of Sadharan Bima Corporation has been raised to Tk500 large integer and Tk100 large integer severally.
The number of members within the board of administrators for Jiban Bima and Sadharan Bima companies has been raised from seven to 10 folks. The new law conjointly states that a minimum of 5 folks should be gift at a board of administrators meeting.
The provisions relating to eligibility and expertise of board of administrators have conjointly been updated. The provisions on insurance of state property have conjointly been updated, with notable changes within the provision 16(1).
Responding to a question, cupboard Secretary Md Shafiul Alam said: “The fresh developed act has been updated to stay up with the trendy times. The insurance sector is one in all the foremost necessary sectors in Asian nation.
“We ar optimistic that the govt initiative to introduce this new act can facilitate additional expand the insurance sector in Asian nation.”
This act is commutation The Insurance Corporation Act developed in 1973.
However, the Awami League-led government in 2009 modernised The Insurance Act developed in 1938, and had named it Bima Act 2010. the govt conjointly developed Insurance Development and administrative body Act, 2010 to properly regulate this sector.
The fresh developed Insurance Corporation Act, 2018 is comprised of the provisions from each the Bima Act 2010 and also the Insurance Development and administrative body Act, 2010. it had been conjointly translated to English for higher accessibility.
According to sources from the Banking and financial organisation Division, that may be a a part of Finance Ministry, the cupboard approved in principal the draft insurance corporation act on Gregorian calendar month nine, 2018. The draft act had thirty three provisions.
One of the foremost necessary changes created within the new act is that the removal the provisions three, 14, 14a, 24, 27 and 32, that were gift within the Insurance Corporation Act, 1973.
The approved and paid capital of Jiban Bima Corporation was antecedently set at Tk20 large integer in 1973, that was raised to Tk300 large integer and TK30 large integer severally. Similarly, the approved and paid capital of Sadharan Bima Corporation has been raised to Tk500 large integer and Tk100 large integer severally.
The number of members within the board of administrators for Jiban Bima and Sadharan Bima companies has been raised from seven to 10 folks. The new law conjointly states that a minimum of 5 folks should be gift at a board of administrators meeting.
The provisions relating to eligibility and expertise of board of administrators have conjointly been updated. The provisions on insurance of state property have conjointly been updated, with notable changes within the provision 16(1).
Responding to a question, cupboard Secretary Md Shafiul Alam said: “The fresh developed act has been updated to stay up with the trendy times. The insurance sector is one in all the foremost necessary sectors in Asian nation.
“We ar optimistic that the govt initiative to introduce this new act can facilitate additional expand the insurance sector in Asian nation.”
Perhatian - Dalam proses rekrutmen, perusahaan yang resmi tidak pernah menarik biaya dari kandidat. Jika ada perusahaan yang menarik biaya wawancara, tes, reservasi tiket, dsb lebih baik dihindari karena ada indikasi penipuan. Jangan mentransfer pembayaran apapun ketika melamar kerja.
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