Section 30, The Insurance Act, 2016

(1) The Commissioner on being satisfied that therequirements of sections 19, 26 and 27 have been complied with may, with the approval of the Commission grant the certificate of registration to the insurer. (2) Where the Commissioner refuses to grant a certificate of registration, he shall within thirty days of receipt of an application for registration notify the applicant in writing of the reasons for his refusal to grant the certificate. (3) Where the Commissioner does not refuse to grant a certificate of registration within three months of the date of receipt of the application and the applicant has complied with all the registration requirements under this Act, the certificate shall be deemed to have been granted with effect from the expiry of three months of the date of the application. (4) A certificate of registration shall be valid for a period of twelve months. (5) The Commissioner may, on the payment of the prescribed fee issue a duplicate certificate of registration to replace a certificate lost, destroyed or mutilated, or in any other case where the Commissioner thinks a duplicate certificate is necessary.