Returns to be lodged
8.—(1)  A Protection and Indemnity Club shall submit Forms 1 and 2 in the Schedule in respect of each financial year.
(2)  Notwithstanding regulation 10 of the Insurance (Accounts and Statements) Regulations (Rg 2), a Protection and Indemnity Club shall lodge with the Authority —
(a)Forms 1 and 2 in the Schedule within 4 months from the end of each financial year; and
(b)such returns of audited accounts and statements as required to be lodged under the Insurance (Accounts and Statements) Regulations within 6 months after the date to which the returns relate.