Cap. 487 Art. 25Information to be provided for supervisory purposes.
PART V
(1) Subject to the following sub-articles, an enrolled person shall submit to the competent authority any information which is necessary for the purposes of supervision, as may be specified by means of regulations, Insurance Distribution Rules or Conduct of
Business Rules, which may also specify the period within which this information is to be submitted.
(2) The information to be submitted to the competent authority in terms of sub-article (1) shall include the submission of statements relating to the business of insurance distribution activities and, or reinsurance distribution activities, carried on by an enrolled person in any calendar year. The statements relating to that business shall be made out in the form, manner and content as the competent authority may, by Insurance Distribution Rules made for the purposes of this article determine; and the date by which such statements shall be forwarded shall also be established by Insurance Distribution Rules. period as it may specify in the Insurance Distribution Rules.
Änderungsgeschichte
- Amended by XXVI.2018.27