Section 38: Requirement about investment.

(1) The Commission may require an insurance institution-
(a) not to make investments of a specified class or description;
(b) to realise, before the expiration of a specified period or such longer period as the Commission may allow, the whole or a specified proportion of investments of a specified class or description.
(2) A requirement under subsection (1) of this section shall not apply to the assets of an insurance institution, where their value exceeds the amount of the liabilities of the business carried on by the insurance institution.