Sri Lanka Consolidated Acts

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Control Of Insurance Act (No. 25 of 1962) - Sect 4

Insurance business to be carried on only by-persons registered under this Act

4. Save as otherwise expressly provided in this Act-
(a) no person who on or before the appointed date is carrying on insurance business of any class in Ceylon shall continue to carry on insurance business of such class, and
(b) no person shall commence to carry on insurance business of any class other than life assurance business,
unless such person is for the time being registered under this Act as a person authorized to carry on insurance business of that class.

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