Cap. 41activeordinance

Insurance Ordinance

保險業條例

Full legislation

s.64ZZJ

Inspection and investigation powers in relation to authorized institutions

(1)
An inspector has no power under
section 64ZZF
or
64ZZG
to require an authorized institution to disclose any information, or to produce a record or document, relating to the affairs of a customer of the
institution—
(a)
unless the inspector is a specified authority; or
(b)
unless the inspector is satisfied that the disclosure or production is necessary for ascertaining a matter specified in
section 64ZZF(1)
and so certifies in writing to the institution.
(2)
An investigator has no power under
section 64ZZH
or
64ZZI
to require an authorized institution to disclose any information, or to produce a record or document, relating to the affairs of a customer of the
institution—
(a)
unless the investigator is a specified authority; or
(b)
unless—
(i)
the customer is a person whom the investigator has reasonable cause to believe may be able to give information relevant to the matter under investigation; and
(ii)
the investigator is satisfied that the disclosure or production is necessary for the investigation and so certifies in writing to the institution.
(3)
In this
section—
specified authority
(
指明當局
)—
(a)
in relation to subsection (1),
means—
(i)
the Monetary Authority; or
(ii)
a person appointed by the Monetary Authority under
section 64ZZF(6)
; or
(b)
in relation to subsection (2),
means—
(i)
the Monetary Authority; or
(ii)
a person directed or appointed by the Monetary Authority under
section 64ZZH(1)
.