the term "actuary" win the
should either be
"
embodied in the orfmance
or laid down by
regulation issued under
section 34.
Otherwise
and insurance companies
transacting business
without
actuarial
advice
submit
may
50
to be amenable
the British Courts
3. You will
no
doubt give the points
which notă Home has;
brought forward. If you
shall
consideration to that
relating
jurisdiction might be met by providing that the actuary
valuation reportă
prepared by persons.
Who
calling Themselves
have had no
actuary's but without
proper training for
the position.
Home
also urged that
the actuary of company registered was under the Hongkong
Law should be
required to be
British subject
or
a
person
resident in
Hongkong
I take this
opportunity of asking
reply to my
predecessor's
despatch no 223 of the 16th of October 1907 with regard
to the short title
of
the
Ordinance