Full legislation
s.5H
Register of authorized insurers
(1)
The Authority must keep a register of authorized insurers, in a form it thinks
fit,
containing—
(a)
the name of every authorized insurer, its place of incorporation or place
of domicile (if different from its place of incorporation) and the year of its
first authorization (whether under this Ordinance or an Ordinance repealed or
amended by this Ordinance);
(Replaced
14 of 2025 s. 121
)
(b)
for each authorized insurer, the class or classes of insurance business
authorized to be carried on by that insurer and the conditions imposed under
section 8(1
)(
a)
or
8A(1
)(
a)
which restrict class or
classes of insurance business authorized to be carried on by that insurer;
(Amended
17 of 2020 s. 5
)
(c)
if an authorized insurer ceases to effect contracts of insurance of any
description, or a requirement is imposed under
section 27
for the
cessation of effecting contracts of insurance of a description by that insurer,
a note to that effect;
(d)
if a requirement is imposed on an authorized insurer under
section
30
, or a Manager, provisional liquidator, liquidator or receiver is
appointed, a note to that effect;
(e)
if an authorized insurer ceases because of a direction under
section
40
to be authorized to carry on insurance business which is part of a
class of insurance business, a note to that effect;
(Amended
20 of 2023 s. 5
)
(f)
if the authorization of an authorized insurer is suspended under
section 41P(2
)(
b)
, a note to that
effect;
and
(Amended
20 of 2023 s. 5
)
(g)
any financial information or other particulars of an authorized insurer
that the Authority considers appropriate.
(Added
20 of 2023 s. 5
)
(2)
A person may, at all reasonable
times—
(a)
if the register is kept in a documentary form—inspect the register free of
charge; or
(b)
if the register is kept otherwise than in a documentary form—inspect a
reproduction in a legible form of any information recorded in the register free
of charge.
(3)
A person may, at all reasonable times and on payment of a prescribed fee,
obtain—
(a)
a copy of an entry in, or extract of, the register; or
(b)
a copy of the entry or extract, certified by an authorized officer of the
Authority as a true copy of the entry or extract.
(4)
In any legal
proceedings—
(a)
a
document purporting to be a copy of an entry
in,
or extract of, the register, and purporting to be certified by an authorized
officer of the Authority as a true copy of the entry or extract, is admissible
in evidence on its production without further proof; and
(b)
unless there is evidence to the contrary, on being admitted in evidence
under paragraph (a), the
document—
(i)
is presumed to be certified by an authorized officer of the
Authority;
(ii)
is presumed to be a true copy of the entry or extract; and
(iii)
is proof of its contents.
(5)
The Authority must, as far as practicable, make the register available to any
person for inspection free of charge on the Internet.