Revised Laws of Saint Lucia (2021)

36.   Power to request information

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    (1)   The Registrar may require a company registered under this Act to carry on insurance business—

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      (a)     to furnish him or her at such time and in such manner as he or she may determine with such information in connection with its insurance business as he or she may specify;

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      (b)     to produce at such time and place as he or she may determine such books, papers or other documents in connection with its insurance business as he or she may specify; or

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      (c)     to produce to any person authorised in writing by the Registrar such books or papers as the Registrar may specify.

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    (2)   A person who is authorised by the Registrar under subsection (1)(c) shall, where requested to do so, produce evidence of his or her authority to the company.

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    (3)   The power conferred under subsection (1) on the Registrar or on a person authorised by him or her may be exercised even where the books, papers, or other documents are in the possession of another person, except that where the person who is in possession claims a lien on the books, papers or other documents the production shall be without prejudice to the lien.

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    (4)   The power conferred under subsection (1) on the Registrar or on a person authorised by him or her includes a power—

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      (a)     to take copies of or extracts from the books, papers or other documents which have been produced; and

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      (b)     to require the company or the person in whose possession the books, papers or other documents were, or any other person who is or was a director or auditor of the company or who is or was employed by the company to explain any of the contents thereof; or

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      (c)     where the books, papers or other documents have not been produced, to require the company which or the person who was requested to produce them to give reasons for failing to do so.