Cap. 41activeordinance

Insurance Ordinance

保險業條例

Full legislation

s.33

Acceleration of submission of information

(1)
Subject to subsection (1A), if an authorized insurer is required to submit to
                the Authority any statement, report or information on or before a date
                        (
original date
) under a requirement prescribed by virtue of
section 17
, the Authority may require the statement, report or
                information to be submitted on or before a specified date before the original date.
(Replaced
20 of 2023 s. 53
)
(1A)
The specified date under subsection (1
)—
(a)
must be within 3 months before the original date; and
(b)
must not be earlier than 1 month after the date on which the Authority
                    imposes the requirement under subsection (1).
(Added
20 of 2023 s. 53
)
(2)
The
                Authority
                may require any statement which under
section 19
is required to be
                furnished to
                the
                Authority by
                an
                authorized insurer within a period prescribed under that section
                to be furnished to
                the
                Authority on or before a specified date before the end of that
                period.