Power to obtain information

(1) The Supervisor may require a registered insurer to provide him, at specified times or intervals, with information about specified matters relating to the insurer, and such information may be verified in a specified manner or provided in a specified form. 32 (2) The Supervisor may require a registered insurer to produce, at such time and place as the Supervisor may specify, such documents or information as the Supervisor may specify. (3) Any power conferred by virtue of sub-section (1) or (2) to require a registered insurer or other person to produce any document or information shall include a power to take copies of it or extracts from it. (4) Any person who fails to supply information or to produce any document when required to do so by the Supervisor in accordance with this section, commits an offence against this Act. (5) The powers conferred by this section and section 25 of this Act, may be exercised in relation to a registered insurer who has ceased to have any liability in respect of any contract of insurance which was entered into at a time when it was (6) For the purpose of ascertaining whether a registered insurer is complying with the provisions of this Act, the Supervisor or any person authorised by him may inspect any book, minute book, register or record required by or under this Act to be kept by the registered insurer. (7) A person who, except for the purposes of this Act, or when properly ordered to do so by the Court, makes a record of, divulges or communicates to any other person, any information which he has acquired by reason of such inspection, commits an offence against this Act. (8) A registered insurer or any official thereof shall, on being required by the Supervisor or a person authorised by the Supervisor, produce any such book, register or record. (9) A registered insurer or any officer thereof shall not obstruct or hinder the Supervisor or any person so authorised 33 while exercising any of the powers referred to in sub-section (5) of this section. (10) There shall be paid to the Supervisor such fees and penalties as are prescribed.