Unclaimed Life Assurance Policies Act 2003

Disclosure of information for statistical purposes.


13. —(1) The Minister, following consultation with the regulatory authority, in the interests of consumer protection and the proper and orderly regulation of the financial services industry, may, for statistical purposes only, make regulations providing for the disclosure of the information specified in subsection (2)

(a) to the persons and subject to the conditions (including the payment of charges by the person seeking the information concerned) and restrictions that the Minister may prescribe, and

(b) in a form that the information cannot be directly or indirectly related to an identifiable person.

(2) The information referred to in subsection (1) may include—

(a) prescribed information from the register,

(b) details of the classes of unclaimed policies, and

(c) the number of unclaimed policies in each class.