Section 8: Recovery of unpaid premiums from registered insurer.

(1) Without prejudice to the provisions of section 7(2) of this Act, where any registered insurer contravenes or fails to comply with any requirement of that section and thereby evades or fails to pay any amount of premium which is due from and payable by it under section 7(1) of this Act, the amount of the premium so unpaid shall-
(a) notwithstanding any other enactment be a first charge on the property of the registered insurer; and
(b) be a debt due to the Corporation and the Corporation may sue for and recover that amount in any court of competent jurisdiction from the registered insurer.
(2) In any action brought under subsection (1) of this section, the production by the Corporation of a certificate signed by the Director of Insurance setting out the name of the defendant and the amount of premium due shall be sufficient evidence of the amount so due and sufficient authority for the court to give judgment for the said amount.