Section 61

If it appears to the Authority that any document lodged in accordance with section 59 or 60 is in any particular way unsatisfactory, incomplete, inaccurate or misleading or that it does not comply with the requirements of this

The Authority may, after considering any explanation made under subsection ( 1), or if such explanation has not been given by or on behalf of the insurer within the time specified in the notice given pursuant to that subsection, reject the document or give such directions as he thinks necessary for its variation within such time (not being less than one month) as is specified in such directions.

Directions given under subsection (2) with respect to any document may require such consequential variations of any other document lodged by the insurer under section 59 or 60, as may be specified in the directions.

Where directions are given under subsection (2), any document to which they relate shall be deemed not to have been lodged until it is re-submitted with the variations required by the directions, but the insurer shall be deemed to have submitted the document within the time limited by regulations prescribed under subsection ( 1) of section 59 if it is re-submitted with the required variations within the time limited by the directions.