QU OF NT AT A FE RU

BERMUDA

HEALTH INSURANCE (AUDIT OF ACCOUNTS) REGULATIONS 1971

SR&O 9 / 1971

[made under section 40 of the Health Insurance Act 1970 and brought into operation on 1 April 1971]

[NB Formerly the Hospital Insurance (Audit of Accounts) Regulations 1971. Title amended, and references to “hospital insurance”, “Hospital Insurance Fund” and “Commission” substituted by “health insurance”, “Health Insurance Fund” and “Council” by 2004:22 s.19 & Sch para 2 effective 1 January 2006; “Council” substituted by “Committee” by 2009:49 s. 15(1) effective 15 December 2009. These amendments are not individually noted]

Powers of Auditor

1 The Audit Act 1990 shall apply to the audit and inspection of the accounts of the Fund and the Mutual Re-insurance Fund (hereinafter referred to as “the Funds”) and the Auditor shall in relation thereto have the powers conferred on him by section 14 of that Act. [Regulation 1 amended by 2009:10 s. 19 effective 1 April 2009; Regulation 1 amended by 2018 : 7 s. 10 effective 1 April 2018]

2. Interim examinations

(1) In addition to the annual audit under section 16(2) of the Health Insurance Act 1970, the Auditor shall, without notice to the Committee, make interim examinations of the receipts and payments of the Funds and the Auditor shall submit to the Committee a report on each such interim examination upon the completion of the examination.

(2) A period of six months shall not intervene between successive examinations of the accounts of the Funds in pursuance of paragraph (1). [Regulation 2 amended by 2004:22 effective 1 January 2006; amended by 2009:10 s.19 effective 1 April 2009]

HEALTH INSURANCE (AUDIT OF ACCOUNTS) REGULATIONS 1971

[Amended by:

2004 : 22

2009 : 10

2009 : 49

2018 : 7]