Full legislation
s.49B
Notice of commencement of liquidation, etc. and of appointment of liquidator, etc.
Where any proceedings are commenced outside Hong Kong for the liquidation of an authorized insurer or for the purpose of placing an authorized insurer under any other form of insolvency administration, the insurer shall give to the Authority written notice
of the commencement of such proceedings, and, where a provisional liquidator or liquidator or a person charged with such other form of insolvency administration is appointed, of such appointment, not later than 3 working days after the event to which the notice relates.