4.Every assurance company shall, at the expiration of each financial year of the company, prepare—
(a) A revenue account for the year in the form or forms set forth in the First Schedule to this Act and applicable to the class or classes of assurance business carried on by the company;
(b) A profit and loss account in the form set forth in the Second Schedule to this Act, except where the company carries on assurance business of one class only and no other business;
(c) A balance sheet in the form set forth in the Third Schedule to this Act.
