Amendment to reporting periods: fixed quarterly dates replaced by prescribed reporting periods, shifting timing authority to regulation. The amendment substitutes the statutory fixed quarterly reporting dates with a provision requiring that such statements be prepared for such period as may be prescribed, thereby transferring authority to prescribe reporting intervals and altering the compliance timing for statement preparation.
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Amendment to reporting periods: fixed quarterly dates replaced by prescribed reporting periods, shifting timing authority to regulation.
The amendment substitutes the statutory fixed quarterly reporting dates with a provision requiring that such statements be prepared for such period as may be prescribed, thereby transferring authority to prescribe reporting intervals and altering the compliance timing for statement preparation.
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