Cap. 41activeordinance

Insurance Ordinance

保險業條例

Full legislation

s.64ZZC

Form of licence

(1)
A licence granted under
section 64U
,
64W
,
64Y
,
64ZA
, or 64ZC or renewed under
section 64ZV
must be in a form specified by the Authority and must
specify—
(a)
the name or names of the licensee and the reference number assigned by the Authority;
(b)
the conditions imposed or amended;
(c)
the period for which the licence is valid;
(d)
one or more of the following lines of business which the licensee may carry
on—
(i)
general business;
(ii)
long term business (excluding linked long term business as referred to in
Part 2 of Schedule 1
);
(iii)
long term business (including linked long term business as referred to in
Part 2 of Schedule 1
);
(iv)
restricted scope travel business; and
(e)
any other particulars that are prescribed by rules made under
section 129
.
(2)
A licence granted under
section 64U
or
64ZA
, or the licence renewed under
section 64ZV
, must also specify the business address of the licensee.
(3)
A licence granted under
section 64U
or
64W
, or the licence renewed under
section 64ZV
, must also specify the name of the authorized insurer by which the licensee is appointed.
(4)
A licence granted under
section 64Y
, or the licence renewed under
section 64ZV
, must also specify the name
of—
(a)
the licensed insurance agency by which the licensee is appointed; and
(b)
the authorized insurer by which the licensed insurance agency is appointed.
(5)
A licence granted under
section 64ZC
, or the licence renewed under
section 64ZV
, must also specify the name of the licensed insurance broker company by which the licensee is appointed.
(6)
In this
section—
restricted scope travel business
(
有限制旅保業務
), in relation to a travel agent that is a licensed insurance agency—
(a)
means effecting a travel insurance policy that is tied to a tour, travel package, trip or other travel services arranged by the travel agent for its customers; and
(b)
does not include effecting an annual travel insurance policy.