(1) The purpose of these rules is to prescribe:

(a) Guidelines and standards for statements of actuarial opinion which are to be submitted in accordance with 33-2-521(4) , (5) and 33-7-118(2) , MCA, and for memoranda in support thereof;

(b) Guidelines and standards for statements of actuarial opinion which are to be submitted when a company is exempt from 33-2-521(4) (b) , MCA; and

(c) Rules applicable to the appointment of an appointed actuary.