Insurance Act, 1936

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Inspection by Minister of books, etc., of the Company.

87.—(1) The Minister and every officer of the Minister authorised in writing by the Minister for the purpose may at all reasonable times enter any office of the Company and may there inspect all books, accounts, and documents kept by the Company at such office, and it shall be the duty of the Company to produce for the inspection of such officer on demand all such books, accounts, and documents together with all correspondence (including copies thereof where the originals are not available) reasonably demanded by such officer for the purpose of verifying any entry in any such book, account, or document or in any balance sheet or account furnished by the Company to the Minister under this Part of this Act.

(2) For the purposes of this section—

(a) inspection shall include taking copies of or making extracts from books, accounts and documents, and

(b) a demand for inspection shall be deemed to have been duly made by an officer of the Minister if such demand is made verbally at an office of the Company to any bookkeeper or other member of the clerical staff of the Company at such office.