(1)The Bank may, by notice served upon an assurance company, require such company to furnish to it, within such time as may be specified in such notice, such specified explanations, information, accounts, balance sheets, abstracts and statements as the Bank may consider necessary for determining whether such company is or is not insolvent.
(2) A notice served under the foregoing sub-section of this section may require that any of the explanations, information, accounts, balance sheets, abstracts and statements to be furnished in pursuance of such notice shall be -
(a) signed by such number of the directors and by such officers of the assurance company as shall be specified in such notice;
(b) be accompanied by such copies of documents as may be specified in such notice;
(c) be certified to be correct by an auditor approved by the Bank, or by an actuary so approved or by both such an auditor and such an actuary.
(3) Whenever a notice has been served by the Bank on an assurance comp
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