Regulation 11
Reporting requirements
of Income Tax (Deduction for Special Reserves of Approved General Insurers) Regulations 2006
Subsidiary LegislationIn forceProvision 11 of 11
Regulation 11
Subregulation 1
An approved general insurer shall maintain and submit to the Comptroller returns and records relating to its special reserves, in such form and manner as the Comptroller or the Monetary Authority of Singapore may specify.
Subregulation 2
For the purposes of paragraph (1), an approved general insurer shall classify its offshore risks according to the type of qualifying business the offshore risks relate to.