11.—(1) All monetary amounts referred to in any document required to be lodged under these Regulations shall be in Singapore dollars unless otherwise specified in the relevant form, and the basis of conversion of any other currency into Singapore dollars shall be stated in each such document.
(2) Section 39(1) and (3) of the Act shall not apply to any document lodged by a marine mutual insurer under sections 36 and 37 of the Act or any document required by sections 36(13) and 37(9) of the Act to accompany the document so lodged.
(3) Any reference to an accounting period in regulation 4 of the Insurance (Accounts and Statements) Regulations 2004 shall, in relation to a marine mutual insurer, be construed as a reference to the financial year of the marine mutual insurer.