Insurance Professionals Act
2. Interpretation
2. Interpretation
In this Act, unless the context otherwise requires—“actuary” has the meaning assigned to it in the Insurance Act (Cap. 487);“asset” has the meaning assigned to it in the Insurance Act (Cap. 487);“Association” means an association of professionals established under section 10 of the Societies Act (Cap 108);“Authority” means the Insurance Regulatory Authority established by section 3 of Insurance Act (Cap 487);“bond investment business” has the meaning assigned to it in the Insurance Act (Cap. 487);“broker” has the meaning assigned to it in the Insurance Act (Cap. 487);“Cabinet secretary” means the Cabinet Secretary for the time being responsible for matters relating to finance;“Chairperson” means the Chairperson of the Institute appointed under this Act;“Commissioner” means the person appointed under section 3E of the Insurance Act (Cap. 487);“Council” means the Executive Council of the institute established under section 6;“Disciplinary committee” means the committee established under section 31;“Examination board” means the Insurance Professionals Examination Board established under section 16;“Executive director” means the person appointed as the Executive Director of the Institute under section 10;“Insurance professional” means a person registered as an insurance professional under section 24;“Insurance Training and Education Trust” has the meaning assigned to it in the Insurance Act (Cap. 487);“insurer” has the meaning assigned to it in the Insurance Act (Cap. 487);“policy” has the meaning assigned to it in section 2 of the Insurance Act (Cap. 487);“register” means the register of insurance professionals maintained under section 27;“registration committee” means the Committee appointed under section 13; and“risk manager” has the meaning assigned to it in the Insurance Act (Cap. 487).Source: Kenya Law