976 Ch. 31. No. 19.] Assurance Companies.

completion of the amalgamation or transfer, deposit with the
Registrar General—

(a) certified copies of statements of the assets and
liabilities of the companies concerned in such amalga-
mation or transfer, together with a statement of the
nature and terms of the amalgamation or transfer;
and

(6) a certified copy of the agreement or deed under
which the amalgamation or transfer is effected; and

(c) certified copies of the actuarial or other reports
upon which that agreement or deed is founded; and

(d) a declaration under the hand of the chairman
of each company, and the principal officer of each
company, that to the best of their belief every payment
made or to be made to any person whatsoever on
account of the amalgamation or transfer is therein
fully set forth, and that no other payments beyond
those set forth have been made or are to be made
either in money, policies, bonds, valuable securities, o1
other property by or with the knowledge of any parties
to the amalgamation or transfer.

Winding up.
Special 17. The Court may order the winding up of an assuranc:
to =» COMpany in accordance with the Companies Ordinance
winding up and the provisions of that Ordinance shall apply accord
companes, ingly, subject, however, to the following modification :—

companies.

The company may be ordered to be wound up on th
petition of ten or more policy holders: Provided the
such a petition shall not be presented except by th
leave of the Court, and leave shall not be granted unt
a prima facie case has been established to the sati
faction of the Court and until security for costs fe
such amount as the Court may think reasonable hi
been given.

Powers and 18. (1) A petition for the winding up of an assuran

Registrar. | COMpany on the ground that it is unable to pay its dek

General. within the meaning of sections 161 and 162 of the Cor
panies Ordinance, may, with the leave of the Court,

presented by the Registrar General.