BOP 42 Form from CSO - Why must it be completed?

Spear

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Does anyone know why an insurance company, if requested by the Central Statistics Office (Balance of Payments Section) "are required to complete" the [broken link removed] (see p3 in report: Who Should Report?).

I've done a bit of digging, but can't see where the regulation is specfically for this or indeed what woudl the penalty be for not completing it. There is some reference to legislation (see link), but it's not clear to me without a comprehensive knowledge of these regulations (which I haven't!!) why it must be completed or what would happen if it isn't)

Any advice welcome, please!
 
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