Section 21 Audit of accounts.

The accounts and balance sheets of every insurance company to which this Part of this Act applies shall be audited in the prescribed manner by a person of the prescribed description, and regulations made for the purposes of this section may apply to such companies F1the provisions relating to the audit of the accounts of companies under the Companies Acts, subject to such adaptations and modifications as may appear necessary or expedient.

In subsection (1) above the reference to accounts and balance sheets shall include a reference to any statement or report annexed thereto giving information authorised or required by virtue of section 17(2) above to be given in a statement or report so annexed.