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Subject to the CBB's review, the requirements of Paragraph GR-4.2.1 do not apply to the transfer of the portfolio from a captive insurerG or to a business transfer entirely comprising reinsurance business, where all of the policyholdersG affected by the transfer have given their consent.

Amended: January 2007
(2 Versions)
Up to Jun 30 2007Jul 1 2007 onwards
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