Section 32: Powers of inspectors.

(1) An inspector shall, in the performance of his duties under this Act-
(a) inspect, examine or investigate in accordance with subsection (1) of section 31 of this Act and under conditions of confidentiality, the books and affairs of an insurance institution;
(b) have a right of access at all times to the books, accounts, documents and vouchers of an insurance institution;
(c) intervene in the checking of the cash in hand, cash accounts and otherwise verify the liquid and other assets of the insurance institution;
(d) check all the main and auxiliary books of accounts, registers, computer records and other papers and correspondence connected with the insurance institution's business;
(e) verify the investment of the capital and statutory reserves of the insurance institution;
(f) verify the legality or otherwise of any insurance business transacted by the insurance institution;
(g) have the power to require from any director, manager and officer of an insurance institution such information and explanation as he may deem necessary in each case.
(2) In exercising the powers under subsection (1) of this section, an inspector shall exercise reasonable care to avoid undue hindrance to the day-to-day activities of an insurance institution.