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W 167/06 PIN — AIG MEMSA General Insurance Company Limited

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MODIFICATION NOTICE

To AIG MEMSA General Insurance Company Limited
Address Level 11, The Gate, Dubai International Financial Centre, PO Box 117719, Dubai, United Arab Emirates
DFSA Firm Reference No. F000016
Notice No. W167/2006

THE DFSA HEREBY GIVES NOTICE THAT:

The Rules specified in the table herein do not apply to the above mentioned Person in the form appearing in the Rulebook but instead apply to that Person in the modified form prescribed in that table below.

This notice is issued by the DFSA under Article 25 of the Regulatory Law 2004.

Effective date: This notice comes into effect on 1 August 2006 and remains in effect until further notice or the date on which any Rule specified herein is amended, which ever is the earlier.

RULES MODIFIED

The Rules listed in the left hand column of the table below are modified as shown in the right hand column of the table. In this table, underlining indicates new text and striking through indicates deleted text.

The version of Rules to which this notice relates is PIN/VER2/228/10-04

Rule Modified Text
PIN 6.3.1 Subject to PIN Rule 6.3.4, an Insurer must, at the end of March February, June May, September August and December November in each year, prepare a Quarterly Regulatory Return in respect of the period commencing at the start of the Insurer’s reporting period and ending on that date.

CONDITIONS

Nil

INTERPRETATION

The provisions in this notice are to be construed in accordance with GEN section 6.2 as if these provisions are provisions of the Rulebook.

Defined terms are identified in this notice by the capitalisation of the initial letter of a word or of each word in a phrase and are defined in the Glossary (GLO). Unless the context otherwise requires, where capitalisation of the initial letter is not used, an expression has its natural meaning.

This notice was issued by:

Name : David Knott
Position : Chief Executive
Date : 2 August 2006