Annual audited returns to be lodged by SPRV
12.—(1)  An SPRV licensed 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 (other than Annexes 1A, 1B, 1E and 1(ii)), as at the end of that accounting period;
(b)a fund profit and loss account in Form 2, excluding the Annexes and Notes (other than Annex 2C); and
(c)a statement in Form 6, giving as regards policies belonging to that class of business particulars of premiums, claims, underwriting results and operating results during that accounting period.
[S 238/2013 wef 18/04/2013]
(2)  An SPRV licensed to carry on life business shall lodge for each accounting period, for each insurance fund established and maintained under the Act in respect of its life business —
(a)a fund balance sheet in Form 1, excluding the Annexes and Notes (other than Annexes 1A, 1B, 1E and 1(i)), as at the end of that accounting period;
(b)a fund profit and loss account in Form 2, excluding the Annexes and Notes (other than Annex 2C); and
(c)a statement in Form 5, giving as regards policies belonging to that class of business particulars of —
(i)the issue of new policies;
(ii)the termination of policies and the transfers of policies to or from the register of Singapore policies or offshore policies, as the case may be, during that accounting period; and
(iii)the business in force as at the end of that accounting period.
[S 238/2013 wef 18/04/2013]
(3)  An SPRV incorporated in Singapore shall, in addition to the relevant forms set out in paragraphs (1) and (2), lodge for each accounting period, in respect of its global operations —
(a)a balance sheet in Form 8, excluding the Annexes, as at the end of that accounting period; and
(b)a profit and loss account in Form 9.