978
THE HONGKONG GOVERNMENT GAZETTE, AUGUST 2, 1907.
Penalties how to be recovered. 33 and 34 Vict. c. 61, s. 20.
32. Every penalty imposed by this Ordinance shall, unless otherwise provided, be recovered only in a summary way, before a Magistrate.
33. The provisions of this Ordinance shall not apply to any life insurance company which has made a deposit in Great Britain under the provisions of the Imperial Life Assurance Acts 1870 to 1872 and the Governor-in-Council may at any time in his discretion and for such period and on such conditions as he may think fit exempt from any or all the provisions of this Ordinance any life insurance company.
34. It shall be lawful for the Governor-in-Council to make regulations for carrying into effect the purposes of this Ordinance.
Passed the Legislative Council of Hongkong this 26th day of July, 1907.
19
A. G. M. FLETCHER,
Clerk of Councils.
Assented to by His Excellency the Officer Administering the Government, the 27th day of July, 1907.
SCHEDULES.
A. M. THOMSON,
Colonial Secretary.
FIRST SCHEDULE.
REVENUE ACCOUNT of the
for the Year ending 190
19
$ c.
(Date.) Amount of funds at
the beginning of the year,... Premiums received
On
new
policies, assuring $
, during the year, after deduction of reassurance pre- miums, Renewal premiums received during the year on
policies, assuring $
*
after deduc-
tion of reassurance premiums,
Consideration
ye-
ceived for annuities granted during the ycar.
All other premiums received during the year, after deduc- tion of reassurance premiums, Interest and divi-
dends. Other receipts (accounts to be specified).
(Date.) Claims nuder policies and additions there- 4o. after deduction of sums reassured, Surrenders, Annuities, Dividends to policy
holders.
Other payments to
policy holders (items to be given), Commission on first
premiums, Commission on re-
newal premiums, Agents' travelling ex- penses and salaries, Medical fecs and
salaries.
Salaries of other
officers & employės, Advertising, Other expenses
of
management (accounts to be specified),
Dividends and bon-
uses to shareholders
(if any),
be
Other payments
(accounts Lo Specified).
Amount of funds at
the end of the year, as per Second Schedule.
Note 1.-Companies having separate accounts for Annuities to return the particulars of their Annuity business in a separate statement.
Note 2-Items in this and in the accounts in the Third and Fifth Schedules should be the net amounts, after deduction of the amounts paid and received in respect of reassurances.