201Accounts and returns

#### 201 Accounts and returns 201 Accounts and returns > > (1) An insurer shall keep such accounting and other records in relation to the business or financial position of the insurer— > > > > > (a) as may be prescribed by the regulations, or > > > > > (b) subject to the regulations, as may be directed by the Authority by notice served on the insurer. > > > (2) The regulations or directions of the Authority may prescribe the manner in which financial transactions are to be accounted for in any such records. > > > (3) An insurer shall lodge with the Authority returns in relation to the business or financial position of the insurer in such form, containing such particulars and accompanied by such documents— > > > > > (a) as may be prescribed by the regulations, or > > > > > (b) subject to the regulations, as may be directed by the Authority by notice served on the insurer. > > > (4) Returns shall be lodged— > > > > > (a) within 6 weeks after each 31 March, 30 June, 30 September and 31 December or at such other times as are prescribed by the regulations, and > > > > > (b) at such other times as the Authority, by notice served on the insurer, directs. > > > (5) The regulations or directions of the Authority may require returns, and documents accompanying returns, to be certified by an auditor. > > > (6) (Repealed) > > **s 201:** Am 1994 No 10, Sch 2 (5) (9); 2003 No 81, Sch 2 \[48\]–\[50\].