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CL-2.3.4

Except as permitted under Paragraph CL-2.3.4A, insurance brokersG and corporate appointed representativesG are prohibited from deducting their brokerage commission from the premiums/contributions account(s). Insurance brokersG and corporate appointed representativesG must be paid separately their brokerage commission from the insurance firmsG after transferring the amounts due (premiums/contributions) to insurance firmsG no later than (10) calendar days from the receipt of the premiums/contributions by insurance firmsG .

Amended: July 2015
April 2012
 Versions
(2 Versions)
 
Apr 1 2012 - Jun 30 2015Jul 1 2015 onwards
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