US Free Trade Agreement Implementation Act 2004 (120 of 2004)
Schedule 4 Life insurance amendments
Life Insurance Act 1995
12 After subsection 235(2)
Insert:
(2A) If a life company that is an eligible foreign life insurance company has refused or failed, or is proposing to refuse or fail, to do an act that the company is required by this Act to do, the Court may grant an injunction requiring a member or members of the Compliance Committee of the company to take action to ensure that the company does the act.
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