Full legislation
s.25AAC
Non-HK insurer may maintain separate accounts and funds in accordance with section 25AA(2)
(1)
For a non-HK insurer that carries on general business, the Authority may, at
the written request of the insurer, permit the insurer to comply with
section
25AA(2)
, instead of
section 25AA(4)
, for the period specified
in the permission.
(2)
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.