1964_MOTOR_VEHICLES_INSURANCE_(THIRD_PARTY_RISKS)_REGULATIONS — Page 4

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CAP. 272]

Motor Vehicles Insurance (Third Party Risks) Regulations

[1989 Ed.

[Subsidiary]

7.

(b) in the case of a motor vehicle of which the owner has made a deposit with the Director of Accounting Services to the value of $2,000,000 in accordance with the provisions of section 4(4)(c) of the Ordinance and has not required such deposit to be returned to him, a certificate in Form 5 set out in the Schedule, signed by the owner of the motor vehicle or by some person authorized by him in that behalf. (L.N. 54 of 1968; L.N. 16 of 1977; L.N. 216 of 1985)

Destruction of certificate

Any certificate issued in accordance with regulation 6(6) shall be destroyed by the person by whom it was issued before the motor vehicle to which it relates is sold or otherwise disposed of or, where the deposit is returned by the Director of Accounting Services under section 5(d) of the Ordinance, immediately thereafter. (L.N. 216 of 1985)

8.

Form of certificates

(1) Every certificate issued in pursuance of the Ordinance and of these regulations shall be printed and completed in black on white paper or similar material.

(2) No certificate so issued shall contain any advertising matter either on the face or on the back thereof:

Provided that the name and address of a company and its principal representative in Hong Kong by whom a certificate is issued, or a reproduction of the seal or any monogram or similar device of the company, and its principal representative in Hong Kong shall not be deemed to be advertising matter for the purposes of this paragraph if it is printed or stamped at the foot or on the back of such certificate. (L.N. 216 of 1985)

9. Record of insurance and security

(1) Every company by whom a policy or a security is issued shall keep a record of the following particulars relative thereto and of any certificates issued in connection therewith---

(a) full name and address of the person to whom the policy, security

or certificate is issued;

(b) in the case of a policy relating to a specified motor vehicle or to specified motor vehicles, the index mark and registration number of each such motor vehicle;

(c) the date on which the policy or security comes into force and the

date on which it expires;