Cap. 41activeordinance

Insurance Ordinance

保險業條例

Full legislation

s.50G

Further regulatory powers

(1)
The provisions of
Part VA
, except
sections 41P(2
)(
a)
, (b) and (c),
41U
,
41V
and
41W
, apply to one or more of the following, as the context
requires—
(a)
Lloyd’s;
(b)
a member of Lloyd’s who carries on insurance business in Hong Kong;
(c)
the members of Lloyd’s taken together who carry on insurance business in Hong Kong.
(2)
A reference in those provisions to an insurer or authorized insurer is a reference to one or more of Lloyd’s, the member and the group of members.
(3)
A reference in those provisions to a controller is a reference to the authorized representative appointed under
section 50B
.