SI No. 81 of 2024 - Notice bringing into force the Insurance (Amendment) Act, 2024 (2024-12-27)

Summary

This is a short commencement notice made by the Minister of Financial Services, Economic Development and Digital Transformation under the Insurance (Amendment) Act, 2024 (No. 19 of 2024). It does not amend any substantive rules itself; it simply fixes the date on which the Insurance (Amendment) Act, 2024 takes legal effect.

• Instrument: Statutory Instrument 2024 No. 81, gazetted 27 December 2024, made 19 December 2024
• Effect: Declares that the Insurance (Amendment) Act, 2024 comes into force on 2 January 2025

Note: the source PDF filename and citation refer to the Insurance (Amendment) Act, 2024, while the supplied title references an Insolvency (Amendment) Act, 2024 - readers should confirm which underlying amendment act is relevant to them via the regulator's source link.

Deadlines

• 2 January 2025: Date on which the Insurance (Amendment) Act, 2024 comes into force