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GR-9.1.4

Past version: Effective from 01 Jul 2007 to 30 Sep 2009
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An appointed representative may have agencies with no more than one licensed principal per type of business. Each type of insurance includes both conventional insurance and takaful within the business. For the purposes of this requirement the types of business are as follows:

(a) Motor insurance;
(b) Legal expenses insurance;
(c) Travel insurance;
(d) Extended warranty insurance;
(e) All other types of general insurance (as defined in Paragraph AU-1.4.9), excluding (a)–(d) above; and
(f) Long-term insurance (as defined in Paragraph AU-1.4.8).
Amended: July 2007