Section 21: No person other than—

[Margin: Cap. 249] (a) a company incorporated under the Companies Act not being a company to which section 27 of that Act applies; [Margin: Act No. 6 of 1977.] (b) a society registered under the Co-operative Societies Act, 1977 (e) a body corporate incorporated under the laws of any country other than Sierra Leone not being a private company or a subsidiary of a private company, shall be registered for any class of insurance business. [Margin: Capital requirements.]