Full legislation
s.22A
Non-HK insurer may maintain separate accounts and funds in accordance with section 21B(2) and (3)
(1)
For
a non-HK insurer that carries on long term
business,
the
Authority
may, at the request in writing of the insurer,
permit
the insurer to comply with
section 21B(2)
and (3), instead of
section 21B(5)
and (6), for the period specified in the permission.
(Amended
20 of 2023 s. 40
)
(2)-(4)
(Repealed
20 of 2023 s. 40
)
(5)
The
Authority must, as soon as
practicable after
giving the permission, publish a notice in the Gazette stating the
name of the insurer and the fact that
the permission
has been given.
(Amended
20 of 2023 s. 40
)