Long Term Insurance Act, 1998 (Act No. 52 of 1998)RegulationsRegulations under the Long-term Insurance Act, 1998Part 8 : Authorisation of and Requirements for Collection of Premiums by Intermediaries (Section 47A)8.3 Returns |
| (1) | An independent intermediary who has been authorised under section 47A must in respect of every month in respect of which the authority is in force, furnish the insurer concerned with returns— |
| (a) | in the form required by that insurer; |
| (b) | containing information relating to at least the premiums received, the commission payable to that intermediary and the amounts paid to the insurer in respect of the policies concerned; and |
| (c) | within a period of 15 days after the end of the month concerned. |
[Part 8.3 substituted by regulation (9) of Notice No. 1015, GG 41942, dated 28 September 2018]