Section 27: Assessment by the Commission.

(1) The Commission shall at the beginning of each year assess and furnish to the insurance institution, the sum payable as contribution to the Commission for the year.
(2) An assessment made pursuant to subsection (1) of this section may be confirmed, varied or modified by the Commission, upon being shown a balance sheet duly audited, showing the financial position of the insurance institution for the close of the previous year.