|
[接上页] (i) prevent the relevant employer of the scheme from being the policy holder of the policy issued by the authorized insurer concerned under that arrangement; or (ii) require any claim which may be made against that insurer under that arrangement to be kept separate and distinct from and not form part of the assets of that employer. (Added 59 of 1993 s. 22)(4A) Where a registered scheme is a participating scheme of a pooling agreement accepted under section 2(5), the asset separation required under subsection (1)(a) does not require the separation of the assets of the scheme from the assets of the other schemes vested in the administrator in his capacity as administrator of the pooling agreement. (Added 53 of 1995 s. 13) (5) For the avoidance of doubt, it is hereby declared that the operation of subsection (4)(a) in relation to a registered scheme shall not prejudice the operation of subsection (1)(c) in relation to so much of the assets of that scheme as are not, by virtue of that first-mentioned subsection, included in the assets or estate of the relevant employer of the scheme available for distribution in the event of the bankruptcy or winding up of that employer. (Added 59 of 1993 s. 22) (Enacted 1992) Cap 426 s 21A Notice required (1) The relevant employer concerned shall notify the Registrar of a change of the relevant employer of a registered scheme together with the matters prescribed in rules made by the Registrar within 1 month of the change. (2) The relevant employer of a registered scheme shall give notice of the matters prescribed in rules made by the Registrar within 1 month after the change to the name of the scheme. (3) The relevant employer of a registered scheme who without reasonable cause fails to notify the Registrar of a change as required under subsection (1) commits an offence and is liable on summary conviction to a fine at level 3. (4) A relevant employer of a registered scheme who without reasonable cause fails to give the Registrar notice of the prescribed matters within the prescribed time of a change to the name of the scheme under subsection (2) commits an offence and is liable on summary conviction to a fine at level 1. (Added 53 of 1995 s. 14) Cap 426 s 22 Certain changes to be notified (1) The relevant employer of a registered scheme shall notify the Registrar of- (a) any change of his name or address which was previously supplied to the Registrar; or (b) any change of the administrator of the scheme,within 1 month of such change. (2) The designated person of a registered scheme shall notify the Registrar of any change of his name or address or the name or address of the administrator of the scheme which was previously supplied to the Registrar within 1 month of the change. (Replaced 53 of 1995 s. 15) (3) Any person who contravenes subsection (1) or (2) commits an offence and shall be liable on summary conviction to a fine of $10000. (Enacted 1992) Cap 426 s 23 Cessation of application of pooling agreement (1) A pooling agreement shall not cease to apply to a registered scheme unless the Registrar has given his prior consent in writing. (2) A pooling agreement shall, notwithstanding any term of it, be construed and have effect as if it was m |