Exemptions in respect of Insurance (Accounts and Statements) Regulations 2004
5.  A Protection and Indemnity Club shall be exempt from the following requirements in the Insurance (Accounts and Statements) Regulations 2004 (G.N. No. S 494/2004):
(a)the requirement, under regulation 4(2)(a) of those Regulations, to lodge Annexes 1A, 1B, 1C, 1D, 1E, 1F(a), 1F (b), 1F (c), 1F (d), 1G, 1H, 1I, 1J, 1K, 1L, 1M, 1N, 1 (i), 1 (ii) and 1(iii) to Form 1 in the First Schedule to those Regulations;
(b)the requirement, under regulation 4(2)(b) of those Regulations, to lodge Annexes 2A, 2B, 2C, 2C (a), 2C (b), 2E, 2G, 2H and 2J to Form 2 in the First Schedule to those Regulations;
(c)the requirement, under regulation 5(1)(a)(i) of those Regulations, to lodge Annex 1F (b) to Form 1 in the First Schedule to those Regulations; and
(d)the requirements under regulations 5(1)(a)(ii) and (b)(ii) and (5), 8 and 10 of those Regulations.