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    Question

    General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from?

    A 31 December 2000 Correct Answer Incorrect Answer
    B 25 January 2001 Correct Answer Incorrect Answer
    C 18 February 2002 Correct Answer Incorrect Answer
    D 21 March 2003 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    With the General Insurance Business (Nationalisation) Amendment Act 2002 (40 of 2002) coming into force from March 21, 2003; GIC ceased to be a holding company of its subsidiaries.

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