Regulations 31 and 32.
1. The auditors' report required by Article 31 of these Regulations shall, in addition to any statement required by the Companies Acts, 1963 to 1990 state -
(a) in the auditors' opinion, whether the parts of the return required to be audited (that is Forms 1 to 20) have been properly prepared in accordance with the provisions of these Regulations;
(b) in the auditors' opinion and according to the information and explanations they have received -
(i) whether the certificate required to be signed by the directors in accordance with Article 32 (a) has been properly prepared in accordance with these Regulations; and
(ii) whether it was reasonable for the persons giving the certificate to have made the statements therein;
(c) that in giving their opinion the auditors have relied -
(i) on the certificate of the actuary given in accordance with Part 3 of this Schedule with respect to the mathematical reserves and required minimum solvency margin, required Community mini
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