78
and convenient coutue.
Schedules IT & TV, Claim &e outstanding,
It nas born summestad,
in correction with the Imperial Acts, that the liabilities in
respect of mufetarding clim: should be somewhat aure fully eat out;
and Anis would, in my opinion, h mutus efficiently met, by
adding to the iter "laim namlet Pul net geld", vn in
the Act of 1970, & further ifam "Claim: Srno indad hat mit
This muld give, proetielly, all the Information asked for, undar
the additional items in the Ordinance. but in. I think, a fom z ch
muro petisfactory, and also lawn chjectionable to the Companies
concerned.
>
Schedule II & IV. Mortrags on prevesty within tha
Kingdom. I do not see any objection to the patention of this
item, taken from the Imperial Act I capociully ne 1etsem in
the sume farma, Hong Kong pecurities sve to be specifically set out.
Consolidated Revenus Accunt, sera ele V.1. I see no chjaction
whatever to following the provision of the foir sppended to tip
Imperial Act, in respect of tile account bain, ma la up from the
lact valuation, or from the commencement of the barins
no valuation has been made.
Valuation Summary Schedule V
The note added to thìu
Jummary, which lo token, without alteration, form the cornerpending
form in the Imperial Act, is the subject of criticism; and, in my
opinien, does not properly apply, as it stands, to the case of
Companies established or operating in the Colongr.
It would
sufficiently meat the case, If the second clause of the note vera
to be deleted, and the following clause chutituted :-
"Separate Tchedules, similar in form to the shovs, must be
"furnished, in respect of pelleios valued by different
"Mortality Tubins, or at different rates of internet."
Schedule VI Final Noto. H 20 sgain. I am of opinion thut
the criticlers offered are valld, and that the note, taken textually
(6)
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