LIFE INSURANCE COMPANIES.
No. 11 of 1907.
1039
seem just for placing the company and all other persons in the same positions, as nearly as may be, as if the name of the company had never been struck off.
(4) A letter or notice authorized or required for the purposes of this section to be sent to a company may either be sent by post or be delivered by hand addressed to the company at its registered office, or if no office has been registered, addressed to the care of some director or officer of the company, or if there is no director or officer of the company whose name and address are known to the Registrar, the letter or notice (in identical form) may be sent or delivered to each of the persons who subscribed the memorandum of association, addressed to him at the address mentioned in that memorandum.
(5) In the execution of his duties under this section the Registrar shall conform to any regulations which may be made by the Governor in Council.
falsifying statements, etc.
33 & 34 Vict.
30. If any statement, abstract or other document required by this Ordinance is false in any particular to the knowledge of any person who signs or deposits the same, such person shall be liable, on conviction on indictment, to imprisonment for any term not exceeding two years, and to a fine not exceeding five hundred dollars, or on summary conviction, to a fine not exceeding five hundred dollars.
31. Where by this Ordinance any statement or abstract is required to be made or furnished by any company, the Governor may, if he thinks fit, direct that such statement or abstract shall be submitted to an independent actuary for investigation. The cost of such investigation shall be notified to the company by the Accountant-General and shall be paid forthwith by the company to the Accountant-General.
32. Every penalty imposed by this Ordinance shall, unless otherwise provided, only be recovered summarily.
33. The provisions of this Ordinance shall not apply to any life insurance company which has made a deposit in the United Kingdom under the provisions of any Act relating to assurance companies, 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 with a deposit in Great Britain.
* As amended by Law Rev. Ord., 1939.
*