An authorized person must within 3 months of the end of each of his financial years –
- prepare annual accounts in accordance with generally accepted accounting principles, audited by an independent auditor;
- deliver to the Director General the annual accounts together with written confirmation from an independent auditor that the annual accounts have been prepared as required under the preceding paragraph and whether or not the auditor's certificate for such accounts is unqualified and if qualified, the nature of the qualification;
- deliver to the Director General a certificate of compliance issued by an independent auditor that the information set out in the application for an authorization, as modified by any subsequent notification of change, remains correct and gives an accurate summary of the business of the authorized person; and
- deliver to the Director General such other documents as are mentioned in the Order.