Annual report

(1) The Supervisor shall on or before the last day of June in each year or such later date as the Minister may specify prepare and submit to the Minister a report containing– (a) statements on the working of this Act during the previous year; and (b) printed copies or summaries of the documents lodged with the Supervisor under sections 40, 74 and 101. (2) The Supervisor may attach to any printed copies or summaries furnished pursuant to sub-section (1)(b), such comments on the document as the Supervisor considers necessary, together with a copy of any correspondence relating to the document. (3) The Minister shall, as soon as practicable after the receipt of the Supervisor’s report, cause a copy of the report to be laid before the National Assembly. 36 PART IA Ownership of Insurer or Insurance Intermediary