Su
79
Jay
from the Pista Schedule of the British Art, is not ej
Caleny.
to the piss of Commins untabljɛhad or operating in t
The note might be muutub y v mlad, no as to read as follows
4. h furnisha? for busineup trenuanted
1+
Saporate Statements
" according to $ifferent office ratsa o premium, together with
a statement of the manner in mich piclon an unhmal thy
" lives are duel with #
(2)Certain points as to which amendments of the Imperial Aet and
alue of the Ordinance are surevatne, These are of two nilaanes,
(s) points as to which variations from the Sch-ules of the
Imperial Act are allowed as a general practice by the Board of
Trade; (b) other suggested points of amendment.
Shoutl
(a) Schedule VI, 4 - 6. It is suggested thek, in accordan
with the practice of the Boned of Trub, the requirement
clau-se to 6, as regards the claus of Indowment SunLM noon,
bu ubrugated, la monuideration of a --115) paturn being runkopod
under this perilo 1er (loga, shering the sure sasured ani
prendums, uchadul-₫ according to the Calender year in which the
policios mature, respectively. I see no objection to this coures.
wilch do approved by the Board of Trade, in wininistering the
Imperial Act of 1870. having regard to the growing magnitude of
the business trepecated in the class of Indosment Aset mands, end
to the inconvenience and. inutility of the tabulation of the total
premiuma pald (§ e) in this Olsen. This could conveniently
he given effect to by inserting a new claus (4) to follow clause (*), in Schedule VI of the Ordinance, worded somewhat se follows:-
"The total amount assured under endowment assuroncas, apacifying
Suns Bagured, reversionary burnunar, and office yearly premiume
separately in respect of each online 921 in wider such e.curences
will mature for payment, and stating also the average son, as at
the valuation date, in respect of each such calendar year of maturity: distinguishing Quautunees with and without participation
in profits ".
If this additional clause is adopted, the present clauses (4) (5) and (c)
No comments yet.
Private notes are available after approval.