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Insurance (General Provisions and Exemptions for Special Purpose Reinsurance Vehicles) Regulations 2008
Status:
 
Published in Subsidiary Legislation Supplement
on 02 Dec 2008
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Table Of Contents
Insurance (General Provisions and Exemptions for Special Purpose Reinsurance Vehicles) Regulations 2008
Status:
 
Published in Subsidiary Legislation Supplement
on 02 Dec 2008
  • Print
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Table of Contents
Insurance (General Provisions and Exemptions for Special Purpose Reinsurance Vehicles) Regulations 2008
Enacting Formula Part I PRELIMINARY
 
1 Citation and commencement
 
2 Definitions
Part II OPERATION OF SPRV
 
3 Permitted activities
 
4 Obligation to notify
 
5 Insurance securitisation requirements
Part III FINANCIAL REQUIREMENT BEFORE REGISTRATION, FUND SOLVENCY REQUIREMENT AND CAPITAL ADEQUACY REQUIREMENT
 
6 Paid-up capital requirement
 
7 Fund solvency and capital adequacy requirements
 
8 Exemption from Insurance (Valuation and Capital) Regulations 2004
Part IV ACCOUNTS AND STATEMENTS
 
9 Exemption from Insurance (Accounts and Statements) Regulations 2004
 
10 Forms
 
11 Returns to be lodged by SPRV
 
12 Annual audited returns to be lodged by SPRV
 
13 Annual unaudited returns to be lodged by SPRV
 
14 Provisions as to returns lodged
 
15 Valuation of assets and liabilities
 
16 Lodgment and signature of returns
 
17 Audit and auditor’s report
 
18 Returns in electronic form
 
19 Deadlines for lodgment of returns
Part V OTHER EXEMPTIONS
 
20 Exemptions from sections 14 and 37 of Act
THE SCHEDULE Insurance Act (Chapter 142)
Insurance (General Provisions and Exemptions for Special Purpose Reinsurance Vehicles) Regulations 2008
Status:
Published in Subsidiary Legislation Supplement on 02 Dec 2008
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