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Chapter: | 41 | Title: | INSURANCE COMPANIES ORDINANCE |
: If this pencil mark appears at the beginning of a provision, that provision is subject to amendments that are already in operation but have not yet been incorporated in its text.
| Cap 41 | Long title | |
| Cap 41 s 1 | Short title | |
| Cap 41 s 2 | Interpretation | |
| Cap 41 s 3 | Classes of insurance business | |
| Cap 41 s 4 | Insurance Authority | |
| Cap 41 s 4A | Functions of Insurance Authority | |
| Cap 41 s 5 | Register of insurers | |
| Cap 41 s 6 | Restriction on carrying on of insurance business | |
| Cap 41 s 6A | Contracts of insurance entered into in contravention of section 6(1) | |
| Cap 41 s 7 | Application for authorization to carry on insurance business | |
| Cap 41 s 8 | Authorization | |
| Cap 41 s 9 | Meaning of "controller" (控權人) in section 8(2) | |
| Cap 41 s 10 | Meaning of "relevant amount" (有關數額) in section 8(3) | |
| Cap 41 s 11 | Appeal against refusal of authorization under section 8(2) | |
| Cap 41 s 12 | Conditions imposed under section 8 may be revoked | |
| Cap 41 s 13 | Fee payable upon authorization and annually thereafter | |
| Cap 41 s 13A | Approval of appointment by authorized insurer of certain controllers | |
| Cap 41 s 13B | Approval of persons proposing to become certain controllers of authorized insurer | |
| Cap 41 s 13C | Restrictions on and sale of shares where there has been a contravention of section 13B(2) | |
| Cap 41 s 13D | Punishment for attempted evasion of restrictions | |
| Cap 41 s 14 | Notification of change in particulars, and objection to appointment of new director or controller | |
| Cap 41 s 15 | Appointment of auditor and actuary | |
| Cap 41 s 15A | Notification in respect of auditors appointed under section 15 | |
| Cap 41 s 15B | Notification in respect of actuaries appointed under section 15 | |
| Cap 41 s 15C | Standards to be complied with by an actuary | |
| Cap 41 s 16 | Keeping and preserving of proper books of account | |
| Cap 41 s 17 | Submission of financial information | |
| Cap 41 s 18 | Periodic actuarial investigation of insurer with long term business | |
| Cap 41 s 19 | Statements of transactions of prescribed class or description | |
| Cap 41 s 20 | Deposit of accounts etc. with Insurance Authority | |
| Cap 41 s 21 | Documents to be deposited with Registrar of Companies | |
| Cap 41 s 22 | Separation of assets and liabilities attributable to long term business | |
| Cap 41 s 22A | Foreign insurers may be authorized to maintain accounts in relation to their Hong Kong business | |
| Cap 41 s 23 | Application of assets of insurer with long term business | |
| Cap 41 s 24 | Sanction of Court of First Instance for transfer of long term business | |
| Cap 41 s 25 | Provisions supplementary to section 24 | |
| Cap 41 s 25A | Maintenance of assets in Hong Kong-general business | |
| Cap 41 s 25B | Direction by Insurance Authority to re-determine liabilities | |
| Cap 41 s 25C | Letter of credit or other commitment from a bank | |
| Cap 41 s 25D | Approval of transfer of general business | |
| Cap 41 s 25E | Effect of approval under section 25D | |
| Cap 41 s 25F | Lloyd's underwriters | |
| Cap 41 s 26 | Grounds on which powers are exercisable | |
| Cap 41 s 27 | Restrictions on new business | |
| Cap 41 s 28 | Requirements about investments | |
| Cap 41 s 29 | Maintenance of assets in Hong Kong | |
| Cap 41 s 30 | Custody of assets | |
| Cap 41 s 31 | Limitation of premium income | |
| Cap 41 s 32 | Actuarial investigations | |
| Cap 41 s 33 | Acceleration of information required by accounting provisions | |
| Cap 41 s 34 | Power to obtain information and require production of documents | |
| Cap 41 s 35 | Residual power to impose requirements, etc. | |
| Cap 41 s 35A | Requirement under section 35 to make deposit | |
| Cap 41 s 35AA | Maintenance of excess of assets over liabilities etc. | |
| Cap 41 s 35B | Accounts | |
| Cap 41 s 36 | Notice of proposed exercise of power under section 27 | |
| Cap 41 s 37 | Notice of proposed exercise of powers on ground of unfitness | |
| Cap 41 s 38 | Rescission, variation and publication of requirements | |
| Cap 41 s 38A | Effect of direction given under section 35(2)(b) | |
| Cap 41 s 38B | Powers of Manager | |
| Cap 41 s 38C | Court of First Instance may approve certain resolutions | |
| Cap 41 s 38D | Duration of direction given under section 35(2) | |
| Cap 41 s 38E | Advisors and Managers | |
| Cap 41 s 39 | Power of Financial Secretary to bring civil proceedings on behalf of insurer | |
| Cap 41 s 40 | Withdrawal of authorization | |
| Cap 41 s 41 | Offences under Part V | |
| Cap 41 s 42 | Circumstances in which insurer deemed to be insolvent | |
| Cap 41 s 43 | Winding up of insurer under Companies Ordinance | |
| Cap 41 s 44 | Winding up on petition of Insurance Authority | |
| Cap 41 s 45 | Winding up of insurer | |
| Cap 41 s 46 | Continuation of long term business of insurer in liquidation | |
| Cap 41 s 47 | Winding up of insurers involved in transfer of business | |
| Cap 41 s 48 | Reduction of contracts as alternative to winding up | |
| Cap 41 s 49 | Winding up rules | |
| Cap 41 s 49A | Winding up of insurer subject to direction under section 35(2)(b) | |
| Cap 41 s 49B | Notice of commencement of liquidation, etc. and of appointment of liquidator, etc. | |
| Cap 41 s 50 | Requirements to be complied with by Lloyd's | |
| Cap 41 s 50A | Requirement on solvency margin | |
| Cap 41 s 50B | Fit and proper management | |
| Cap 41 s 50C | Reporting requirements | |
| Cap 41 s 50D | Local assets | |
| Cap 41 s 50E | Insurance intermediaries | |
| Cap 41 s 50F | Powers of intervention | |
| Cap 41 s 51 | Exempted persons | |
| Cap 41 s 52 | (Repealed 50 of 1992 s. 6) | |
| Cap 41 s 53 | Power of Chief Executive in Council to exempt insurer | |
| Cap 41 s 53A | Secrecy | |
| Cap 41 s 53B | Disclosure of information | |
| Cap 41 s 53C | Examination by external authorities | |
| Cap 41 s 53D | Communication by prescribed person with Insurance Authority | |
| Cap 41 s 53E | Prescribed person to send report directly to Insurance Authority in certain cases | |
| Cap 41 s 54 | Insurance Advisory Committee | |
| Cap 41 s 55 | Service of notices | |
| Cap 41 s 55A | Immunity | |
| Cap 41 s 55B | Notification of cessation of place of business in Hong Kong | |
| Cap 41 s 56 | Misleading statements etc. and false information; offences | |
| Cap 41 s 56A | Restriction on use of the word "insurance" or "assurance" | |
| Cap 41 s 57 | Liability for offences by bodies corporate | |
| Cap 41 s 58 | Limitation of time for proceedings in respect of offences | |
| Cap 41 s 58A | (Repealed 29 of 1997 s. 9) | |
| Cap 41 s 59 | Regulations | |
| Cap 41 s 60 | Relaxation of regulations under section 59(1)(a) | |
| Cap 41 s 61 | Transitional and savings | |
| Cap 41 s 62 | (Omitted as spent) | |
| Cap 41 s 63 | Further transitional provision | |
| Cap 41 s 64 | (Repealed 35 of 1996 s. 31) | |
| Cap 41 s 64A | Interpretation (Part IXA) | |
| Cap 41 s 64B | No contract of insurance to be made without interest | |
| Cap 41 s 64C | No contract of insurance on lives without inserting the persons' names, etc. | |
| Cap 41 s 64D | Recoverable amount | |
| Cap 41 s 64E | Not to extend to ships, etc. | |
| Cap 41 s 65 | Insurance agents and insurance brokers | |
| Cap 41 s 66 | Registration of appointed insurance agents | |
| Cap 41 s 67 | Code of practice | |
| Cap 41 s 68 | Insurance agent's relationship with insurer | |
| Cap 41 s 69 | Insurance brokers to be authorized | |
| Cap 41 s 70 | Approval of bodies of insurance brokers | |
| Cap 41 s 71 | Insurance broker's client monies | |
| Cap 41 s 72 | Appointment of auditor | |
| Cap 41 s 73 | Audit, etc. | |
| Cap 41 s 74 | Powers of Insurance Authority to require production, etc. | |
| Cap 41 s 75 | Withdrawal of authorization or approval | |
| Cap 41 s 76 | Power to petition to wind up an intermediary | |
| Cap 41 s 77 | Offences | |
| Cap 41 s 78 | Exemptions | |
| Cap 41 Sched 1 | CLASSES OF INSURANCE BUSINESS | |
| Cap 41 Sched 2 | DIRECTORS AND CONTROLLERS | |
| Cap 41 Sched 3 | ACCOUNTS AND STATEMENTS | |
| Cap 41 Sched 4 | PROPOSED APPOINTMENT OF CONTROLLER WITHIN THE MEANING OF SECTION 13A(1) OR AUTHORIZED REPRESENTATIVE UNDER SECTION 50B | |
| Cap 41 Sched 5 | PERSON PROPOSING TO BECOME CONTROLLER WITHIN THE MEANING OF SECTION 13B(1) | |
| Cap 41 Sched 6 | PERSON WHO HAS BECOME CONTROLLER OF INSURER IN CONTRAVENTION OF SECTION 13B(2) | |
| Cap 41 Sched 7 | POWERS OF MANAGER OF INSURER | |
| Cap 41 Sched 8 | ASSETS WHICH QUALIFY AS ASSETS IN HONG KONG |