Insurance (Miscellaneous Provisions) Act, 1985

Obligation to furnish balance sheets etc., to Minister.

9.—(1) The Company shall, as soon as may be after the end of each financial year of the Company, furnish to the Minister—

(a) a balance sheet as at the end of that financial year duly audited by the auditor of the Company,

(b) a profit and loss account for the financial year so audited, and

(c) a copy of the report of the directors to the shareholders for that financial year.

(2) The balance sheets and profit and loss accounts required by subsection (1) of this section shall be drawn up in such form as the Minister, after consultation with the Minister for Finance, shall direct.

(3) The Company shall, if so required by the Minister, furnish to the Minister any information he may require in respect of the balance sheets, profit and loss accounts or reports required by subsection (1) of this section, or in relation to the policy and operations (other than the day-to-day operations) of the Company.

(4) A copy of every balance sheet, profit and loss account and report furnished under subsection (1) of this section to the Minister shall be laid by him before each House of the Oireachtas as soon as may be after such balance sheet, profit and loss account and report are so furnished to him.