Actuarial
report and
abstract.

Statement

of assurance

business,

Deposit of
accounts,
etc., with
Registrar
General.
Ord. 19
1947, s.

Ch. 31. No. 19.) 9 Assurance Companies.

except where the company carries on assurance
business of one class only and no other business;

(c) a balance sheet in the prescribed form.

7. (1) Every assurance company shall, once in every
five years, or at such shorter intervals as may be specified
in the instrument constituting the company, or in its
regulations or byelaws, cause an investigation to be made
into its financial condition, including a valuation of its
liabilitie. by an actuary, and shall cause an abstract of
the report of such actuary to be made in the form or forms
prescribed and applicable to the class or classes of assurance
business carried on by the company

(2) The foregoing provisions of this section shall also
apply whenever at any other time an investigation into
the financial condition of an assurance company is made
with a view to the distribution of profits, or the results
of which are made public.

8. Every assurance company shall prepare a statement
of its assurance business at the date to which the accounts
of the company are made up for the purposes of any such
Investigation as aforesaid in the form or forms prescribed
and applicable to the class or classes of assurance business
carried on by the company:

Provided that, if the investigation is made annually by
any company, the company may prepare such a statement
at any time, so that it be made at least once in every five
years,

9. (1) Every account, balance sheet, abstract, or
statement hereinbefore required to be made shall be
printed or typewritten, and two copies thereof which shall
be signed by the chairman and two directors of the company
and by the principal officer of the company and, if the
company has a managing director, by the managing
director, shall be deposited at the office of the Registrar
General within six months after the close of the period to
which the account, balance sheet, abstract, or statement
relate,

Provided that, if in any case it is made to appear to the