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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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