Law library · Sierra Leone · The Insurance Act, 2016
Section 52, The Insurance Act, 2016
Status not yet checkedThe Insurance Act, 2016, Sierra Leone
(1) If it appears to the Commissioner that an investigationor valuation to which section 50 applies does not properly indicate
the condition of the affairs of the insurer by reason of the faulty
basis adopted in the valuation, he may after giving notice to the
insurer giving him an opportunity of being heard, cause an
investigation or valuation to be made by an actuary appointed by the
insurer at his expense, on such date as the Commissioner may specify;
and the insurer shall place at the disposal of the actuary all the
materials required by the actuary for the purpose of the investigation
or value
(2) The abstract and statement prepared as a result of the
investigation shall be furnished by such date as the Commissioner
may specify.
Read the whole lawDownload PDFAsk Tima what this means
Check the current official version before relying on this text. MiLAWYER shares legal information, not legal advice.