28Conditional approvals

#### 28 Conditional approvals An approval under section 27 may be given subject to conditions, including: (a) where the approval relates to a contract of insurance or indemnity under Part 4 (other than a contract of insurance under section 22) or a guarantee under Part 4—conditions relating to the amount of the premium or fee to be charged by EFIC; and (b) where the approval relates to a contract of insurance under section 22—conditions relating to: (i) the amount of the premium or fee to be charged by EFIC; and (ii) the cause of the loss or detriment to which the contract may relate; and (c) where the approval relates to a loan under Part 4—conditions relating to the amount of the loan, the rate of interest to be charged (if applicable), other terms and conditions of the loan and the security (if any) to be given.