LIFE INSURANCE COMPANIES.
No. 11 of 1907.
1713
32. Every penalty imposed by this Ordinance shall, unless otherwise provided, only be recovered summarily.
Recovery of penalties.
*
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 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.
Not to apply to company with deposit in Great Britain
t
34. It shall be lawful for the Governor-in-Council to make regulations for carrying into effect the purposes of this Ordinance.
Regulations.
FIRST SCHEDULE.
REVENUE ACCOUNT of the
for the Year ending 19
$ c.
Amount of funds at
19
(Date.)
Claims under policies and additions thereto, after deducting the
(Date.) the beginning of
Premiums received on new policies, assuring $ during the year after deduction of reassurance premiums......
Renewal premiums received during the year on policies, assuring $ after deduction of reassurance premiums....
Consideration received for annuities granted during the year
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 renewal premiums...
Agents' travelling expenses and salaries
Medical fees and salaries
Carried forward,...$
* As amended by No. 13 of 1912.
§ As amended by No. 12 of 1912.
Curried forward,..$
§ As amended by No. 8 of 1909 and No. 12 of 1912.