[Part IV : Returns to Authority heading substituted by section 20(c) of schedule 1 of Act No. 18 of 2017]
a) |
in the medium and form; |
b) |
containing the information; and |
c) |
determined by the Authority by notice on the official website, either generally or in relation to a particular insurer. |
[Section 36(1)(c) by section 8(a) of schedule 1 of Act No. 18 of 2017]
2) |
If the Authority is satisfied that a return furnished to him or her in terms of subsection (1) is incomplete or incorrect, it may, by notice— |
[Words preceding Section 36(2)(a) substituted by section 8(b) of schedule 1 of Act No. 18 of 2017]
a) |
direct the long-term insurer to furnish the Authority, within a specified period, with specified information or documents which the Authority considers necessary to complete or correct the return; or |
b) |
reject the return and require the long-term insurer to furnish the Authority, within a specified period, with a new return which is complete and correct. |
3) |
If the Authority is satisfied that a statement forming part of the returns furnished by the long-term insurer in terms of subsection (1) or (2) requires further investigation, the Authority may by notice direct the long-term insurer to furnish him or her by a specific date or within a specific period with a report— |
a) |
in the medium and form; and |
b) |
containing the required information, |
compiled by a person nominated by the Authority at the cost of the long-term insurer.