Amendment of regulation 11
4.  Regulation 11 of the principal Regulations is amended —
(a)by deleting paragraph (1) and substituting the following paragraph:
(1)  A captive insurer registered to carry on general business shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its general business —
(a)a fund balance sheet in Form 1 (excluding the Annexes and Notes), as at the end of that accounting period; and
(b)subject to regulation 13(4), a statement in Form 6 (excluding Items C to G and the Notes), giving as regards policies belonging to that class of business particulars of premiums, claims, underwriting results and operating results during that accounting period.”;
(b)by deleting the word “quarter” wherever it appears in paragraph (2) and substituting in each case the words “accounting period”;
(c)by deleting the word “Annex” in paragraph (3) and substituting the word “Annexes”; and
(d)by deleting the words “Quarterly and other” in the regulation heading and substituting the word “Other”.