S.L. 403.23 ст. 7Transitional measures on submission of information.

(1) The information which an authorised insurance undertaking and an authorised reinsurance undertaking is required to submit annually, in accordance with Insurance Rules issued under article 32 of the Act, shall be submitted by no later than:

(a) 20 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 30 June 2016 but before 1 January 2017;

(b) 18 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2017 but before 1 January 2018;

(c) 16 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2018 but before 1 January 2019;

(d) 14 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2019 but before 1 January 2020.

(2) An authorised insurance undertaking and an authorised reinsurance undertaking shall disclose the information referred to in Insurance Rules issued under article 18F of the Act by no later than:

(a) 20 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 30 June 2016 but before 1 January 2017;

(b) 18 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2017 but before 1 January 2018;

(c) 16 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2018 but before 1 January 2019;

(d) 14 weeks after the authorised insurance or reinsurance undertaking’s financial year end in relation to its financial year ending on or after 1 January 2019 but before 1 January 2020.

(3) The information which an authorised insurance undertaking and an authorised reinsurance undertaking is required to submit on a quarterly basis in accordance with Insurance Rules issued under article 32 of the Act shall be submitted by no later than:

(a) 8 weeks related to any quarter ending on or after 1 January 2016 but before 1 January 2017;

(b) 7 weeks related to any quarter ending on or after 1 January 2017 but before 1 January 2018;

(c) 6 weeks related to any quarter ending on or after 1 January 2018 but before 1 January 2019;

(d) 5 weeks related to any quarter ending on or after 1 January 2019 but before 1 January 2020.