Revised Laws of Saint Lucia (2022)

10.   Examination and ancillary powers

A person authorised by the Comptroller for any purpose related to the administration or enforcement of this Act may at any reasonable time, on production of his or her letter of authorisation, enter into any premises or place where any books or records are or should be kept under this Act, and—

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   (a)     audit or examine the books and records and any account, voucher, letter, telegram, or other document which relates or may relate to the information that is or should be in the books or records or to the amount of tax payable under this Act;

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   (b)     require the owner or manager of the insurance business and any other person on the premises or place to give him or her all reasonable assistance with his or her audit or examination either orally or, if he or she so required, in writing on oath or otherwise and, for the purpose, require the owner or the manager to attend at the premises or place with him or her; and

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   (c)     if, during the course of an audit or examination, it appears to him or her that there has been a violation of any provisions of this Act, or of any regulations made under this Act, seize, take away and retain any of the records, books, accounts, vouchers, letters, telegrams and any other relevant documents.

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   (2)   The Comptroller may for any purpose related to the administration or enforcement of this Act, by registered letter or by a demand served personally, require from any insurance company—

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      (a)     any information or additional information in the form of a return of information or otherwise; and

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      (b)     production or production of any books, letters, accounts, invoices, statements or other documents, within such time as may be stipulated therein.