Annual report
5A.—(1)  Where the financial year of a registered insurer covers the same period as the accounting period, the insurer shall be exempt from submitting its annual report to the Authority under section 36(13) of the Act, subject to the condition that the insurer shall lodge the annual report with the Authority within the period specified in regulation 10(1).
(2)  Where the financial year of a registered insurer does not cover the same period as the accounting period, the insurer shall lodge with the Authority a copy of its annual report for each financial year.
(3)  In this regulation, “annual report”, in relation to a registered insurer, means any report for each financial year submitted to the members of the insurer and any statement of accounts so submitted with respect to that year.
[S 31/2004 wef 21/01/2004]