Div 6Documents to be furnished to the Commissioner.

Division 6.—Documents to be furnished to the Commissioner. Returns of policies. V. 4602, s. 531. Q., s. 11. S.A., s. 47. W.A., s. 18. T., s. 16. 51. Every company shall, at the expiration of each financial year, prepare, separately, returns in accordance with Forms E, F and G in respect of its ordinary life insurance business and in respect of its industrial insurance business, including in the returns the appropriate portions of any sinking fund business and continuous disability insurance business irrespective of whether separate statutory funds have been set up for those businesses. Accounts, balance-sheets, &c., to be signed and deposited. Imp. Act 1909, s. 7. Eng. Bill 1927, Cl. 8–9\. V. 4602, s. 535. Q., s. 15. S.A., s. 52. W.A., s. 23. T., s. 21. 52.—(1.) Every account, balance-sheet, abstract, statement and return which a company is required by sections forty-four, forty-eight and fifty-one of this Act to prepare shall be printed and shall be signed by the chairman of directors and two other directors of the company and by the principal officer. (2.) Each account, balance-sheet, abstract, statement or return, signed as required by this section, and at least ten printed copies of each of those documents, shall be lodged with the Commissioner— (a) in the case of accounts, balance-sheets or returns required to be prepared under section forty-four or section fifty-one of this Act—within six months after the expiration of the financial year in respect of which they are prepared; and (b) in the case of the abstract and statement required to be prepared under section forty-eight of this Act—within nine months after the date as at which the investigation was made, or within such extended period, not exceeding three months, as the Commissioner allows. Eng. Bill 1927, Cl. 9. (3.) If it appears to the Commissioner that any account, balance-sheet, abstract, statement or return lodged with him by a company in accordance with the provisions of this section is, in any particular, unsatisfactory, incomplete, incorrect or misleading, or that it does not comply with the requirements of this Act, the Commissioner may, by notice in writing served upon the company, require such explanations as he considers necessary to be made by or on behalf of the company within such time (not less than fourteen days) as is specified in the notice, and may, after considering any such explanations or if the explanations required have not been given by the company within the time so specified, reject the account, balance-sheet, abstract, statement or return and give such directions as he thinks necessary for the variation of any of them within such time (not less than one month) as he specifies, and of any other account, balance-sheet, abstract, statement or return affected by the variation, and the company shall comply with any directions so given. (4.) An appeal shall be to the Court against any rejection of an account, balance-sheet, abstract, statement or return, or against any direction given by the Commissioner, under the last preceding sub-section. (5.) On any such appeal the Court may— (a) confirm or disallow the rejection or direction; or (b) vary the direction. (6.) Every account and balance-sheet lodged with the Commissioner by a company in accordance with the requirements of this Division shall be accompanied by a copy of any report on the business of the company submitted to the shareholders or policy owners of the company in respect of the financial year to which the account or balance-sheet relates. Copies to be furnished. Imp. Act 1909, s. 8. Eng. Bill 1927; Cl. 9 (b). V. 4602, s. 535\. Q., s. 16. S.A., s. 53. W.A., s. 24. T., s. 22. 53. A printed copy of the latest account, balance-sheet, abstract, statement or return lodged with the Commissioner by a company in accordance with the requirements of this Division shall, on the application of any shareholder or policy owner of the company, be forwarded to him by the company.