1988 Ed.]

Insurance Companies

SECOND SCHEDULE

[CAP. 41

49

[ss. 7, 14, 52(7) & 61]

DIRECTORS AND CONTROLLERS

Application of Second Schedule

1. This Schedule sets out the information to be furnished or delivered by an insurer to the Insurance Authority under this Ordinance in respect of every director and controller of the insurer in the following cases-

(a) under section 7, in support of an application for authorization under this Ordinance; (b) under section 14, forthwith upon any change in any such director or controller;

(c) under section 52(7), within 1 month from the date of service of a notice under subsection (6) of that section;

(d) under section 61(1), within 3 months of the commencement of this Ordinance (or such additional period as may be allowed thereunder) in the case of an insurer authorized to carry on insurance business under an Ordinance repealed or amended by this Ordinance.

Particulars of director or controller except on cessation

2. Any particulars furnished or notice served by an insurer on the Insurance Authority pursuant to section 7, 14(2), 52(7) or 61 of this Ordinance in respect of a director or controller (not being a director or controller to whom paragraph 3 of this Schedule applies) shall contain--

(a) in the case of an individual, the particulars in Form A in this Schedule;

(b) in the case of a body corporate, the particulars in Form B in this Schedule; and

(c) in the case of a partnership-

(i) the particulars in Form A in this Schedule in respect of each partner who is an individual;

(ii) the particulars in Form B in this Schedule in respect of each partner which is a body corporate.

Particulars of person ceasing to be director or controller

3. A notice served by an insurer on the Insurance Authority pursuant to section 14(2) of this Ordinance in respect of person who ceases to be a director or controller shall contain the particulars in Form C in this Schedule.

FORM A

[para. 2, 2nd Sch.]

PARTICULARS REQUIRED IN RESPECT OF INDIVIDUALS WHO ARE DIRECTORS OR CONTROLLERS

Name of Insurer*

The following are particulars of—

$(a) ...

$(b) ...

of which ...

§Director/Controller/Chief Executive/Managing Director on

is a partner who became

(date).

1. Family name

Other names

Any other name(s) by which he has been known or is known

2. Private address.

3. Date of birth.

Place of birth (including town or city).

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