LAW OF THE REPUBLIC OF MOLDOVA

of July 19, 2019 No. 84

About modification of some legal acts

The Parliament adopts this organic law.

Art. I. – In the Insurance law No. 407/2006 (Official monitor of the Republic of Moldova, 2007, Art. No. 47-49, 213), with subsequent changes, to make the following changes:

1. In Article 1 in the concept "insurance and/or reinsurance broker" of the word "based on the commission charges paid by the insurer" to exclude.

2. Part (21) Article 7 to recognize invalid.

3. In the part Item a 1) (Article 48 of the word "and to support him by money, free from obligations, on the bank deposit account" to exclude 3).

4. In Article 49:

in Item b) parts (the words "and to support him by money, free from obligations, on the bank deposit account" to exclude 2);

part (to recognize 53) invalid.

St. II. – In the article V of the Law on modification of some legal acts No. 273/2018 (The official monitor of the Republic of Moldova, 2018, No. 504-511, of St. 836) to make the following changes:

in part (1):

in Item a) shall be replaced with words the words "6 months" "12 months";

in Item b) shall be replaced with words the words "12 months" "18 months";

in Item c) shall be replaced with words the words "18 months" "24 months";

in part (2):

in Item a) shall be replaced with words the words "6 months" "12 months";

in Item b) shall be replaced with words the words "12 months" "18 months";

in Item c) shall be replaced with words the words "18 months" "24 months".

Art. III. – This law becomes effective from the date of publication in the Official monitor of the Republic of Moldova.

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