Insurance Ordinance

A condition imposed by IARB in relation to the registration of an
                            individual as a responsible officer of an insurance agency that was in
                            force immediately before the commencement date (except a condition
                            relating to the payment of fees or charges to IARB) is, on the
                            commencement date, taken to be a condition imposed by the Authority in
                            relation to the approval that is regarded as having been granted under
section 64ZE
to the individual.