Cap. 41activeordinance

Insurance Ordinance

保險業條例

Full legislation

s.(5A)

(5A)

If a person is a minority shareholder controller or a majority shareholder
                controller of a non-HK insurer immediately before the date on which the non-HK
                insurer becomes a re-domiciled insurer under
section 3BA(1)
, the person
                is taken to be approved under subsection (2B) as such a shareholder controller of
                the re-domiciled insurer on that date.
(Added
14 of 2025 s. 128
)