(a) | in the medium and form; |
(b) | containing the information; and |
(c) | by the date or within the period, |
determined by the Authority, by notice on the official website, either generally or in relation to a particular insurer.
[Section 35(1) substituted by item 9 of schedule 1 of Act No. 18 of 2017, GG 41388, dated 18 January 2018]
(2) | If the Authority is satisfied that a return furnished to it in terms of subsection (1) is incomplete or incorrect, it may, by notice— |
[Words preceding section 35(2)(a) substituted by item 9(b) of schedule 1 of Act No. 18 of 2017, GG 41388, dated 18 January 2018]
(a) | direct the short-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 short-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 short-term insurer in terms of subsection (1) or (2) requires further investigation, the Authority may by notice direct the short-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 short-term insurer. |
[Section 35(3) inserted by section 44 of Act No. 27 of 2008]