Commonwealth Consolidated Acts

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INSURANCE ACT 1973 - SECT 54

Entry on premises

  (1)   If APRA or the inspector, while investigating the whole or a part of the affairs of a body corporate believes on reasonable grounds that it is necessary for the purposes of the investigation to enter land or premises occupied by the body corporate or by another body corporate that is a subsidiary of the body corporate, an authorised person (if the investigation is by APRA), or the inspector, may at all reasonable times enter the land or premises and may:

  (a)   examine books on the land or premises that relate to the affairs of the body corporate or of the subsidiary or that he or she believes on reasonable grounds relate to those affairs;

  (b)   take possession of any of those books for such period as he or she thinks necessary for the purposes of the investigation; and

  (c)   make copies of or take extracts from any of those books.

  (2)   The authorised person or the inspector shall permit a person who would be entitled to inspect any books referred to in subsection   (1) if they were not in the possession of the authorised person or the inspector to inspect at all reasonable times such of those books as that person would be so entitled to inspect.


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