Update on the Resolution of Colonial Life Insurance Company (Trinidad) Limited (CLICO) and British American Insurance Company (Trinidad) Limited (BAT)

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By way of Legal Notices Nos. 32 and 33 of 2009, the Central Bank on February 13, 2009 assumed control of CLICO and BAT, respectively, pursuant to its special emergency powers under Section 44D of the Central Bank Act Ch. 79:02 (the Act).

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