N.
2
CAP. 41]
Insurance Companies
[1988 Ed.
Section
PART V
POWERS OF INTERVENTION
Grounds on which powers are exercisable...
Page
26.
22
27.
Restrictions on new business...........
24
28.
Requirements about investments..
24
29.
Maintenance of assets in Hong Kong.
24
30.
Custody of assets.........
25
31.
Limitation of premium income..
32.
Actuarial investigations......
33.
Acceleration of information required by accounting provisions..
34.
Power to obtain information and require production of documents.
27
35.
35A.
Residual power to impose requirements for protection of policy holders Requirement under section 35 to make deposit...
35B.
Accounts......
36.
Notice of proposed exercise of power under section 27
37.
Notice of proposed exercise of powers on ground of unfitness.....
≈ * * * * * * * * * * * 2 a
26
26
27
28
28
29
29
38.
Rescission, variation and publication of requirements
30
39.
Power of Financial Secretary to bring civil proceedings on behalf of insurer...
30
40.
Withdrawal of authorization
31
41.
Offences under Part V
31
42.
43.
44.
PART VI
INSOLVENCY AND WINDING UP
Circumstances in which insurer deemed to be insolvent.
Winding up of insurer under Companies Ordinance Winding up on petition of Insurance Authority.
45.
Winding up of insurer with long term business
2283
33
46.
41.
Continuation of long term business of insurer in liquidation..... Winding up of insurers involved in transfer of business
34
35
35
48.
Reduction of contracts as alternative to winding up
36
49.
Winding up rules........
PART VII
SPECIAL PROVISIONS RELATING TO LLOYD'S
50.
Requirements to be complied with by Lloyd's....
36
PART VII
EXEMPTIONS
51.
Exempted persons
52. Limited exemption of insurer authorized to carry on business in United
Kingdom.......
33
53.
Power of Governor in Council to exempt insurer...
36
37
39