12.—(1) A registered insurer shall lodge, with any statement of account and balance sheet lodged under regulation 4 —
(a)
an auditor’s report in Form 25, stating the auditor’s opinion; and
(b)
an auditor’s supplementary report in Form 26,
which shall be signed by the auditor.
(2) A registered insurer shall be exempted from section 39(1) and (3) of the Act to the extent that that section requires the insurer to send to any person or allow the inspection by any person of an auditor’s supplementary report.