Section 4, The Insurance Act, 2016

(1) The Commission shall consist of - (a) a Chairman; 8 9 Object and functions of Composition o f Establishment of Sierra Leone Insurance (b) the Financial Secretary or his representative; (c) the Commissioner of Insurance; (d) two representatives of the Sierra Leone Insurance Association; (e) a representative of the Sierra Leone Chamber of Commerce and Agriculture; (f) a representative of the Sierra Leone Bar Association; and (g) two other persons, one of whom shall be a woman. (2) The Chairman and the person referred to in paragraph (g) of subsection (1) shall be appointed by the President subject to the approval of Parliament. (3) The members of the Commission, except the ex-officio members, shall hold office for a term of three years and thereafter shall be eligible for re-appointment for another term of three years only. (4) A member of the Commission, other than an ex-officio member, may resign his office by writing addressed to the Minister. (5) The members of the Commission other than the Commissioner of Insurance shall be paid such allowances as the Minister may determine.