s. 40A (3) The return must include a statutory declaration made by the manager, secretary, agent or other person for the time being performing the duties of the manager, secretary or agent of the company to the effect that according to the books of the company and to the best of his or her knowledge and belief the return contains a true statement of the amount of gross premiums. (4) The statutory declaration made under subsection S. 40(4) inserted by (3) must include a statement as to the amount No. 51/2005 collected by the insurance company as being on s. 70(2). account of a fire service levy however described in any policy document, certificate of insurance, renewal notice or premium invoice. (5) For the purposes of this section, the return must S. 40(5) inserted by include as a discount any reduction in gross No. 51/2005 premiums as a result of the use of net rating in s. 70(2). relevant policies of insurance against fire issued by the insurance company. (6) In subsection (5), means any practice or S. 40(6) net rating inserted by device adopted by an insurance company No. 51/2005 involving the waiving of commission or brokerage s. 70(2). by an insurance intermediary which has the effect of reducing the premium payable to the insurance company. 40A Determination of provisional contributions S. 40A inserted by No. 91/1989 The Board must issue a determination of the s. 5(2), provisional contribution of each insurance amended by No. 24/1997 company as follows— s. 59. (a) for the quarter beginning 1 July— (i) the aggregate of all provisional contributions by all insurance companies must equal 25% of the total amount to be contributed by insurance companies under section 37(1)(c); and
(3) The return must include a statutory declaration made by the manager, secretary, agent or other person for the time being performing the duties of the manager, secretary or agent of the company to the effect that according to the books of the company and to the best of his or her knowledge and belief the return contains a true statement of the amount of gross premiums. S. 40(4) inserted by No. 51/2005 s. 70(2). (4) The statutory declaration made under subsection (3) must include a statement as to the amount collected by the insurance company as being on account of a fire service levy however described in any policy document, certificate of insurance, renewal notice or premium invoice. S. 40(5) inserted by No. 51/2005 s. 70(2). (5) For the purposes of this section, the return must include as a discount any reduction in gross premiums as a result of the use of net rating in relevant policies of insurance against fire issued by the insurance company. S. 40(6) inserted by No. 51/2005 s. 70(2). (6) In subsection (5), net rating means any practice or device adopted by an insurance company involving the waiving of commission or brokerage by an insurance intermediary which has the effect of reducing the premium payable to the insurance company. S. 40A inserted by No. 91/1989 s. 5(2), amended by No. 24/1997 s. 59. 40A Determination of provisional contributions s. 40A The Board must issue a determination of the provisional contribution of each insurance company as follows— (a) for the quarter beginning 1 July— (i) the aggregate of all provisional contributions by all insurance companies must equal 25% of the total amount to be contributed by insurance companies under section 37(1)(c); and
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