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