1953-HKRS29-8-20_Part03 — Page 11

HÙNG KONG

No. 25 OF 1953-

tassent.

Mherettem.

10th September, 1953.

An Ordinance to amend the Fire and Marine Insurance Companies

Deposit Ordinance, Chapter 34-

[11th September, 1953.]

Be it enacted by the Governor of Hong Kong, with the advice and consent of the Legislative Council thereof, as follows-

1. This Ordinance may be cited as the Fire and Marine Short title. Insurance Companies Deposit (Amendment) Ordinance, 1953-

of section

(Cap. 34).

2. Section It of the Fire and Marine Insurance Companies Repeal and Deposit Ordinance (hereinafter referred to as the principal Ordin- replacefasnt ance) is repealed and replaced by the following new section- 11. **Exemp- 11. (1) An insurance company which after pro- tion

duction to the Registrar of Companies of such evidence as he may require obtains from him a declaration that he is satisfied that it has complied with the Assurance Companies Acts, 1909 to 1946, shall, so long as it complies with the said Acts be exempted from the provisions of sections 4 and 5 hereof.

(9 Edw. 7, c. 49, 9 & 10 Gac. 8,

. 28).