Hong Kong Regulations

MERCHANT SHIPPING (LOCAL VESSELS) (COMPULSORY THIRD PARTY RISKS INSURANCE) REGULATION - SECT 11

Records of insurance

PART 3

RECORDS AND CERTIFICATE OF INSURANCE

(1) Every authorized insurer by whom a policy of insurance is issued for the
purposes of the Ordinance shall keep a record of the following particulars
relating to that policy—

   (a)  the full name and address of the person to whom the policy is issued;

   (b)  the description of the class and type of the local vessel to which the
        policy relates and, where known, the name and certificate of 
        ownership number of the vessel;

   (c)  the date on which the policy comes into force and the date on which it
        expires or ceases to have effect; and

   (d)  the conditions subject to which the persons or classes of persons
        specified in the policy will be indemnified.

(2) The record mentioned in subsection (1) shall be preserved for 1 year from
the date of expiry of the policy of insurance or the date it ceases to have
effect.

(3) Every authorized insurer by whom records are required to be kept under
subsection (1) shall, free of charge, furnish to the Director or the
Commissioner of Police on request any particulars of the records.

(4) An authorized insurer who contravenes subsection (1), (2) or

(3) commits an offence and is liable on conviction to a fine at level 2.

(5) Any person who by virtue of section 20 is guilty of an offence under
subsection (4) is liable on conviction to a fine at level 2 and to
imprisonment for 3 months.