35.
| (1) Every Ceylon insurer in respect of all insurance business transacted by such insurer, and every foreign insurer in respect of the insurance business transacted by such insurer in Ceylon, shall at the expiration of each calendar year prepare with reference to that year-
| | (a) a balance sheet substantially in accordance with the regulations contained in Part I of the First Schedule and substantially in the form set forth in Part II of that Schedule, | | |
| | (b) a profit and loss account, and a profit and loss appropriation account substantially in accordance with the regulations contained in Part I of the Second Schedule, and substantially in the forms set forth in Part II of that Schedule except where the insurer carries on business of one class only and no other business, | | |
| | (c) in respect of each class of insurance business carried on by the insurer, a revenue account in accordance with the regulations contained in Part I of the Third Schedule, and a statement substantially in each of the forms set forth in Part II of that Schedule as may be applicable to that class of insurance business: | | |
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| (2) The accounts and statements referred to in subsection (1) shall be signed-
| | (a) in the case of a company to which the Companies Ordinance applies, by the officers or persons required by that Ordinance to sign accounts and statements; | | |
| | (b) in the case of any other company, by two directors; | | |
| | (c) in the case of any other insurer, by such insurer or the officer authorized by such insurer, | | |
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Sri Lanka Consolidated Acts