Certificate of licence

(1) The Supervisor shall, subject to the payment of the prescribed fees and to section 13, furnish to every company licensed under this Act a certificate in the prescribed form that the company has been so licensed, and the certificate shall state the class or classes of insurance business for which it is licensed and shall be prima facie evidence that the insurance company specified in the certificate has been so licensed. (2) Every certificate issued under this section shall be valid for the calendar year in which issued and may be renewed by the Supervisor for subsequent periods subject to the insurance company satisfying the requirements of sections 13, 24, 26 and 50 and upon payment of the required fees.