M (91) 43

CONFIDENTIAL

606

IN ATTENDANCE

Mr

M.J.

LEWIS

Environment and Lands)

Mr

TROMP

F. Protection)

Deputy

Secretary (Planning,

Assistant Director

(Environmental

Mr C.W. CHEUNG Senior Crown Counsel

Miss G. AU Crown Counsel

A532

Insurance Companies Ordinance (Chapter 41) INSURANCE COMPANIES (AMENDMENT) (NO. 2) BILL 1991: XCC (91) 171

DECISION

The Council ADVISED and the Deputy to the

Governor ORDERED that

(a) the

2)

Insurance Companies (Amendment) (No.

Bill 1991, as annexed to the

memorandum,

introduced into-

should be

the Legislative Council; and

(b) when

introducing the Bill, it should be

made clear that the Authority's power

to intervene is restricted by law (i.e.

the relevance and reasonableness test).

INTERESTS DECLARED

FINANCIAL

SECRETARY

Incorporated is a major

company.

as

Financial

Secretary

shareholder in an insurance

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