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
)