(1) The powers conferred by this section may be exercised in respect of -
(a) an insurer or insurance intermediary,
(b) an associated undertaking or a related undertaking of an insurer or insurance intermediary, or
(c) any other person whom the Bank has reason to believe provided or is providing insurance or purported or is purporting to act as an insurer or insurance intermediary.
(2) An authorised officer may do all or any of the following:
(a) subject to subsection (3), at all reasonable times enter any premises, at which there are reasonable grounds for believing that any books, records or other documents in relation to the issue of any policy, bond, certificate or other instrument of insurance, or in relation to the acceptance of any premium in respect of a policy, bond, certificate or other instrument of insurance are kept, and search and inspect the premises and such books, records or other documents on the premises;
(b) secure for later inspection any premises or any part