Insurance Ordinance

(3)
The notice must
include—
(a)
a statement of the reasons for the decision;
(b)
the time when the decision is to take effect;
(c)
in so far as applicable, the duration and terms of the revocation, suspension or prohibition to be imposed under the decision;
(d)
in so far as applicable, the terms in which the person is to be reprimanded under the decision; and
(e)
in so far as applicable, the amount of the pecuniary penalty to be imposed under the decision and the period within which it is required to be paid.