Repeal and Savings

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....ity (Registration of Insurance Business) Regulations, 2021, shall stand omitted. (2) On and from the commencement of these regulations, the provisions applicable to an insurance intermediary under the International Financial Services Centres Authority (Insurance Intermediary) Regulations, 2021, shall not be applicable to Managing General Agent (MGA) registered under these regulations. (3) No....

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....bility acquired, accrued or incurred under the omitted provisions, any penalty incurred in respect of any violation committed against the omitted provisions, or any investigation, legal proceeding or remedy in respect of any such right, privilege, obligation, liability, penalty as aforesaid, shall remain unaffected as if the omitted provisions have never been omitted. (4) After the omission of ....