1. Application fee for
a reinsurer's licence Shs. 1,000,000 /= (b) a insurer's licence Shs. 1,000,000 /= (c) a health membership organization licence Shs. 500,000 /=
a micro insurance organisation licence Shs. 500,000 /= (e) a reinsurance broker licence Shs. 800,000 /= (f) a insurance broker licence Shs. 500,000 /= (g) a insurance agent (corporate entity) licence Nil (h) a risk advisor licence Shs. 200,000 /= (i) a loss adjuster licence Shs. 200,000 /= (j) a loss assessor licence Shs. 200,000 /= (k) a insurance agent (individual) licence Nil (l) a microinsurance agent licence Nil (m) a bancassurance agent licence Shs. 500,000 /= (n) a third party administrator licence Shs. 500,000 /=
Section analysis Source linked
This section defines when and how “Application fee for” applies.
“(a) a reinsurer's licence Shs. 1,000,000 /= (b) a insurer's licence Shs. 1,000,000 /= (c) a health membership organization licence Shs. 500,000 /=”
Confirm that the matter and forum fall within this section before applying the Act's remaining provisions.
Operative requirements extracted from the consolidated text.
- (a) a reinsurer's licence Shs. 1,000,000 /= (b) a insurer's licence Shs. 1,000,000 /= (c) a health membership organization licence Shs. 500,000 /=
- (d) a micro insurance organisation licence Shs. 500,000 /= (e) a reinsurance broker licence Shs. 800,000 /= (f) a insurance broker licence Shs. 500,000 /= (g) a insurance agent (corporate entity) licence Nil (h) a risk advisor licence Shs. 200,000 /= (i) a loss adjuster licence Shs. 200,000 /= (j) a loss assessor licence Shs. 200,000 /= (k) a insurance agent (individual) licence Nil (l) a microinsurance agent licence Nil (m) a bancassurance agent licence Shs. 500,000 /= (n) a third party administrator licence Shs. 500,000 /=
Express propositions in source-matched passages from judgments citing this section.
No judgment in the current Wakilii corpus expressly cites this section. Bare rule-number references are not assigned where the Order cannot be verified.
No express internal or cross-Act reference appears in this section.
No section-specific amendment note or instrument-level amendment history appears in this consolidation.